FG Pushes $20bn Nigeria-Europe Gas Pipeline Plan

The Federal Government has advanced plans for a $20bn transcontinental gas pipeline designed to deliver Nigeria’s natural gas to European markets.

The project, still in early development, is being driven by a consortium of global industry players and is expected to undergo extensive technical, commercial, and regulatory processes.

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, joined stakeholders in London for discussions, describing the engagement as “timely and historic.” He said: “Nigeria is set for investors to take advantage of this natural gas… We must be intentional in the utilisation of our resources.”

The pipeline is planned to transport up to 30 billion cubic metres of gas annually, running from Nigeria’s southern reserves through Chad and Libya, before extending subsea to Sicily, Italy, and into Europe.

NNPC Limited’s Executive Vice President for Gas, Power & New Energies, Olalekan Ogunleye, assured policy alignment and investment readiness, noting: “The NNPCL is ready for business… focused on creating investable opportunities, removing bottlenecks, and partnering with credible investors.”

Project lead Roger Tamraz, CEO of Netoil Inc., framed the pipeline as strategically critical to Europe’s energy future, citing strong demand and financing structures.

Other partners, including Unicorn CEO Alain Bolo, highlighted its potential to reduce gas flaring and position Nigeria as a dominant supplier.

Netoil Project Director Henry Erimodafe described the initiative as a “strategic win-win” that could unlock jobs, investments, and long-term value for Nigeria and its partners.

Stakeholders believe the pipeline could redefine Nigeria’s role in the global energy market, strengthen ties with Europe, and support long-term energy security while unlocking significant economic value.