Nigeria, Morocco Launch $25bn Gas Project Company
The ambitious Nigeria-Morocco Gas Pipeline project, estimated to cost $25bn, is advancing rapidly with the creation of a dedicated project company and the expansion of its international financial backing.
The pipeline, set to stretch nearly 6,000 km across West Africa, is designed to enhance regional energy access and provide a secure link for Nigerian gas to reach Europe.
According to a statement, the Director-General of Morocco’s National Office of Hydrocarbons and Mines, Amina Benkhadra, confirmed that the formation of the project company is underway, a crucial step for structuring the massive financing and overseeing implementation.
Technical studies completed in 2025 were said to have confirmed the pipeline’s route.
“It is engineered to transport between 15 and 30 billion cubic metres of gas per year, serving 13 West African coastal states and reaching approximately 400 million people. Internal domestic connections will also link landlocked countries like Niger, Burkina Faso, and Mali to the main line, which will eventually connect to the existing Maghreb-Europe Pipeline, granting Nigerian gas access to the European market.
“Project governance will be layered, featuring a parent company that oversees regional entities managing specific pipeline segments. This framework has been approved by the Economic Community of West African States,” the statement explained.
In July, Togo was officially brought in as a public partner through an additional protocol signed by the Nigerian National Petroleum Company Limited, ONHYM, and Togo’s gas company, it was said.
On the financing front, Energy Minister Leïla Benali indicated that the United Arab Emirates will join a pool of existing major institutions, including the European Investment Bank, the Islamic Development Bank, and the OPEC Fund.
“The project company currently being formed will be responsible for mobilising these funds, with a final investment decision expected by the end of 2025,” the statement concluded.