FG approves NNPC-ECOWAS deal for construction of Nigeria-Morocco gas pipeline

Spread the love

The Federal Executive Council (FEC) has approved for Nigerian National Petroleum Corporation (NNPC Limited) to execute an MoU with the Economic Committee of West African States, ECOWAS, for the construction of the Nigeria-Morocco gas pipeline to take gas from West African countries through Morocco to Spain and Europe.

This was disclosed by Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, after the FEC meeting presided over by Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja.

The Minister stated that the project was still at the point of the front-end engineering design, after which the cost would be determined, as the pipeline would pass through 15 West African countries to Morocco and Spain.

READ ALSO :TIMOTHY ADEGOKE: Receptionist, Adesola narrates how a fake receipt was issued, records manipulated in her name (A MUST READ)

Sylva said, “The Ministry of Petroleum Resources presented three memos to Council.

“The first memo, Council approved for the NNPC Ltd to execute MoU with ECOWAS for the construction of the Nigeria-Morocco Gas Pipeline.

“This gas pipeline is to take gas to 15 West African countries and Morocco and through Morocco to Spain and Europe”.

He also added that the FEC approved the construction of a switchgear room and installation of power distribution cables and equipment for the Nigeria oil and gas park in Ogbia, Bayelsa, in the sum of N3.8billion, citing that the park will boost local manufacturing of components for the oil and gas industry.

Also approved was the construction of an access road with bridges to the Brass Petroleum Product Deport in Inibomoyekiri in Brass Local Government in the sum of N11billion plus 7.5% VAT.

READ ALSO:First female Vice-Chancellor, Prof Adenike Oladiji takes over in FUTA 

Nigeria-Morocco Gas Pipeline was proposed in a December 2016 agreement between the Nigerian National Petroleum Corporation (NNPC) and the Moroccan Office National des Hydrocarbures et des Mines (National Board of Hydrocarbons and Mines) (ONHYM).

The pipeline would connect Nigerian gas to every coastal country in West Africa (Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, and Mauritania), ending at Tangiers, Morocco, and Cádiz, Spain

Dear Distinguished Friend(s),

POLITICAL ACTIVITIES

For your political activities, kindly call or reach our WhatsApp number 09069473894 on how we can give you global awareness and publicity to realise your political dream.

Also send your NAME and LOCATION to the above phone number stating your name and location to add you to our WhatsApp database for all our news updates

We say it as it is with global reach, that is why we are different.

SOJ WORLDWIDE….an ONLINE NEWS with a difference

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.