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HomeBusinessNigeria: 7,000km Nigeria-Morocco Gas Pipeline Project'll Create Wealth - Kyari

Nigeria: 7,000km Nigeria-Morocco Gas Pipeline Project’ll Create Wealth – Kyari



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The group chief executive officer of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries within the African region.

Speaking yesterday during the signing ceremony of the Nigeria-Morocco Gas Pipeline Project Memoranda of Understanding among NNPC, ONHYM (the National Office of Hydrocarbons and Mines of Morocco) and ECOWAS; NNPC, ONHYM and SMH; and NNPC, ONHYM and PETROSEN in Morocco, Kyari said the gas pipeline project would also help to mitigate against desertification and other benefits that will accrue as a result of reduction in carbon emission.

According to Kyari, the 7,000 kilometres long pipeline is expected to assist in supplying gas to Morocco, 13 ECOWAS countries and Europe, integration of the economies of the sub-region.

It will also result in the improvement of living standards of people within the Sub-region; creation of wealth and poverty alleviation, assisting in the fight against the desertification through sustainable and reliable gas supply as well as providing avenue for other countries along the pipeline route to develop and export their gas.

He described the event as a very important milestone in the Nigeria Morocco Gas Pipeline project as it reaffirms the commitment of stakeholders to deliver on the project.

The NNPCL boss explained further that the NNPC is well positioned to progress the project by leveraging on its experience and technical capabilities ranging from gas production, processing, transmission and marketing as well as our vast experience in executing major gas infrastructure projects in Nigeria.

From inception of the project to this stage, Kyari said concerted efforts have been made by the government of Nigeria and the Kingdom of Morocco which led to the very commendable achievements recorded.

He expressed appreciation to King Mohammed VI of Morocco and President Muhammadu Buhari for entrusting NNPC Ltd with this strategic project.

He said, “As you are aware, our countries stand to benefit immeasurably from the execution of the project which extends beyond the supply of gas to energise the countries along the route.

“Some of the benefits include creation of wealth and improvement in standard of living, integration of the economies within the region, mitigation against desertification and other benefits that will accrue as a result of reduction in carbon emission.