NNPC Limited Signs Agreement on gas Pipeline Project with Morocco

News - by RadioNow / Sep. 16th, 2022

The Nigerian National Petroleum Company (NNPC) Limited on Thursday signed agreements on the gas pipeline project with the National Office of Hydrocarbons and Mines of Morocco and the ECOWAS Commission. 

According to NNPCL in a statement, the two countries and ECOWAS executed the Memorandum of Understanding agreement on the project in a ceremony held in Morocco and it is a significant step in fulfilling the federal government’s drive towards utilizing Nigeria’s abundant gas resources. 

The Nigeria-Morocco Gas Pipeline was proposed in a December 2016 agreement between the NNPC and the National Board of Hydrocarbons and Mines in Morroco. 

The Federal Executive Council in June authorized the NNPC to enter into an agreement with ECOWAS for the construction of the pipeline. 

The government says the gas pipeline, designed to be 7,000km long, will reduce gas flaring in Nigeria and encourage the diversification of energy resources in the country while cutting down poverty through the creation of more job opportunities. 

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