Morocco and Nigeria signed a joint declaration that details the next steps for the completion of a gas pipeline deal that will connect gas resources to West African countries and European buyers.
The two countries agreed to jointly fund a feasibility study for the Nigeria-Morocco pipeline project in December 2016, which has resulted in a plan to build the pipeline onshore and offshore, Moroccan state news agency MAP said.
“For economic, political, legal and security reasons, the choice was made on a combined onshore and offshore route,” Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC), the two authorities supervising the project said in the joint declaration.
“The pipeline will be 5,660 kilometres long and its CAPEX has been defined,” the declaration said, adding that construction will be in phases covering 25 years.
As a next step, Morocco and Nigeria will launch a front-end engineering design (FEED) to involve countries that will be crossed by the pipeline in the Economic Community of West African States (ECOWAS) and to determine the amount of gas available for export to European off-takers.
This phase also provides for assessing the financial cost and seeking funding from development banks, the joint declaration said.
The project is meant to support West African countries meet their energy needs as well as boost Nigeria’s export potential to Europe, ONHYM and NNPC said.
The declaration was signed by Farouk Garba Said, General Manager of NNPC and Amin Benkhadra, Director General of ONHYM at a ceremony chaired by King Mohammed VI and visiting Nigerian President Muhammadu Buhari.