The Morocco-Nigeria Gas Pipeline project will contribute to the emergence of an integrated North-West African zone

The strategic Morocco-Nigeria gas pipeline project, currently in the detailed engineering study (FEED) phase, will contribute to the emergence of an integrated North-West African zone, said Thursday in Diamniadio, 30 km from Dakar. , the Director General of the National Office of Hydrocarbons and Mines (ONHYM), Amina Benkhadra.

Speaking during a panel under the theme “A new vision to accelerate production and investment in a context of energy transition”, as part of the second edition of the Conference of Member Countries of the Sedimentary Basin “MSGBC Oil, Gas & Power”, organized by Energy Capital & Power (Ecp), Ms. Benkhadra pointed out that the Morocco-Nigeria gas pipeline, driven by the vision and will of two heads of state, HM King Mohammed VI and President Muhammadu Buhari, at the service of the economic and social, industrial and energy development of Africa, is “a structuring project with multiple objectives”.

This large-scale project “will contribute to the emergence of an integrated North-West African zone, to the acceleration of West Africa’s access to energy and also to the acceleration of development projects. electrification for the benefit of the populations”, she added.

The Morocco-Nigeria gas pipeline also aims to create a competitive regional electricity market, the exploitation of clean energy, the contribution to the industrial and economic development of all the countries crossed through the development of several sectors such as agriculture, industry, mining, the reduction of flaring, as well as the export of gas in Europe, specified Ms Benkhadra during this panel which brought together the heads of national oil companies to share experiences on the current challenges and opportunities and discuss strategies to strengthen regional collaboration and integration.

In this regard, Ms. Benkhadra indicated that this megaproject, which crosses 13 countries on the Atlantic coast and will include 3 landlocked countries, will have a direct positive impact on more than 340 million inhabitants, noting that all the countries crossed will be integrated in the study and development of this project.

In addition, it will create wealth for the countries and the neighboring populations, creating a decisive momentum and leading to the emergence and development of parallel projects, she underlined.

She added that “discussions have been held with Ecowas to ensure synergy with the infrastructure of the region. To this end the extension of the WAGPI (West African Gas Pipeline linking Nigeria to Ghana) towards Côte d’Ivoire will be included “, noting that the producing countries will also be able to use this gas pipeline for their own consumption and export, citing the cases of Senegal and Mauritania.

On the other hand, the Director General of ONHYM considered that Africa can be a model of sustainable development, with renewable energies and gas, noting that this continent has immense potential in renewable energies and gas. which remains untapped.

“Resources are available and diversified and renewable energies offer real prospects for low-carbon electricity development”, she argued, noting that it is essential to facilitate the financing of infrastructure and the development of win-win partnerships. .

Africa needs huge investment for its energy sector to generate social and economic development, Ms. Benkhadra explained, indicating that “Total climate finance is estimated between USD 4,760 and 4,840 billion over the period 2022-2050, which represents annual flows of 163.4 to 173 billion USD”.

The “MSGBC Oil, Gas & Power” Summit was organized on September 1-2 by Energy Capital & Power (Ecp), an African investment platform for the energy sector, under the theme “The future of natural gas: growth through strategic investment and policy development”, with the participation of representatives of African countries including Morocco.

The conference brought together delegates from the member countries of the sedimentary basin, namely Gambia, Guinea-Bissau, Guinea, Mauritania and Senegal, as well as representatives from other African countries such as Morocco and Côte d’Ivoire. and numerous foreign investors from the United States, Australia, Europe, Asia and the Middle East.

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