The pipeline project linking Nigeria to Morocco is gaining momentum with the announcement of the United Arab Emirates' involvement in funding this colossal $25 billion venture, aimed at transporting Nigerian gas to Europe via Morocco. Morocco's Minister of Energy Transition, Leila Benali, shared this development with parliamentarians, noting that other major investors and financial institutions are also supporting this strategic project. Among them are the European Investment Bank (EIB), the Islamic Development Bank (IDB), and the OPEC Fund. The Chinese group Jingye Steel has secured the contract to supply the pipes for this Afro-Atlantic gas pipeline, which has multiple goals: diversifying export routes, reducing gas flaring, and significantly transforming the regional energy landscape. The United States has also shown interest in the project, according to Nigeria's Finance Minister, Wale Edun. Morocco has already completed the feasibility and engineering studies for the 5,660 km pipeline, which will pass through 13 African coastal countries before reaching Europe. Last month, Rabat and Abuja agreed to establish a joint venture responsible for managing this mega-project, which will have an annual capacity of 30 billion cubic meters of gas. The first deliveries are expected in 2029.
