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Nigeria-Morocco Seal $25bn Gas Pipeline Company Deal

The $25 billion Nigeria-Morocco Gas Pipeline project has taken a major step forward with the creation of a dedicated project company and expanded international financing commitments.

Planned to stretch nearly 6,000 kilometres across West Africa, the pipeline is designed to boost regional energy supply while giving Nigerian gas direct access to European markets through the Maghreb-Europe line.

According to Morocco’s National Office of Hydrocarbons and Mines Director-General, Amina Benkhadra, the new project company will coordinate financing, manage regional participation, and oversee implementation. Technical studies completed earlier this year confirmed the pipeline’s route and capacity to move 15–30 billion cubic metres of gas annually, serving up to 400 million people.

The governance model will feature a parent company supported by regional entities, a framework already approved by ECOWAS.

On the financing side, Morocco’s Energy Minister, Leïla Benali, announced that the United Arab Emirates has joined existing backers, which include the European Investment Bank, the Islamic Development Bank, and the OPEC Fund. A final investment decision is expected by the end of 2025.

Togo also signed on recently as a public partner through a protocol with Nigeria’s NNPC Ltd and ONHYM, strengthening regional participation in the project.

First proposed in 2016, the pipeline is expected to become a strategic energy corridor, enhancing West African integration, boosting energy security, and diversifying Europe’s gas supplies.