The Summit of Heads of State and Government of the member countries of the Economic Community of West African States (ECOWAS) hosted, Sunday in Freetown, Sierra Leone, the signing of the Intergovernmental Agreement (IGA) governing the development of the Nigeria-Morocco African Atlantic Gas Pipeline.
The 6,800 kilometers energy infrastructure will transport natural gas from Nigeria to Morocco, before connecting to the European gas network.
The agreement marks ECOWAS Member States endorsement of the Nigeria-Morocco African Atlantic Gas Pipeline.
King Mohammed VI and former Nigerian President, the late Muhammadu Buhari launched the project in 2016. The project received continued support from current President Bola Ahmed Tinubu. T
The project is being jointly developed by Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and the Nigerian National Petroleum Company Limited (NNPC Ltd.).
The agreement will act as a framework paving the the way for the next implementation phase.
The next phase will include the establishment of the Project Company, to be headquartered in Casablanca
It will also cover the Pipeline Higher Authority, whose headquarters are planned for Abuja, ahead of the mobilization of investors and the preparation of the Final Investment Decision (FID).
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