The Organisation of the Petroleum Exporting Countries (OPEC) and Russia are some of the international interests showing willingness to buy into the Nigeria-Morocco Gas Pipeline project, the federal government has said.
Minister of State for Petroleum Resources, Timipre Sylva, who dropped the hint after paying Sallah homage on President Muhammadu Buhari at the Presidential Villa, Abuja, however, noted that the project would not be completed before the expiration of the administration.
He said the government is shopping for funding partners to extend the West African Gas Pipeline project from Ghana to Morocco and connect it to the European market. Providing an update on the project,
Sylva said: “The Nigerian, Morocco gas pipeline is a continuation of the West African Gas Pipeline project, which has already gotten to Ghana. It is already operational connecting Nigeria to Benin Republic, Togo and Ghana.
“We want to continue that same pipeline all the way to Morocco down the coast. Right now, we are still at the level of studies, and of course, we are at the level of securing the funding for this project and a lot of people are indicating interest.”
Speaking about securing funding partners, the minister said: “We have not totally concluded on the financial arrangement.
