Connect with us

Hi, what are you looking for?

Business

NNPCL To Sign Gas Pipeline MoU with Morocco On Thursday

The Nigerian National Petroleum Company Limited has announced that it will sign a Memorandum of Understanding with the Office National des Hydrocarbures et des Mines of Morocco On Thursday.

Gatekeepers News reports that the NNPC made this known Via Twitter on Wednesday stating that the MoU,to be signed in Rabat, Morocco, would also involve the Economic Community of West African States.

The statement read: “In line with Federal Government’s mandate to drive the execution of the 7,000km Nigeria Morocco Gas Pipeline Project, the Group Chief Executive Officer, NNPC Ltd, Mele Kyari, today (Wednesday) paid a courtesy call on the President, ECOWAS Commission, Dr. Omar Touray.

“The visit was in preparation of the signing of a Memorandum of Understanding between the NNPC Ltd, Office National des Hydrocarbures et des Mines (ONHYM) of Morocco and the ECOWAS, scheduled to hold on September 15, 2022 in Rabat, Morocco.

“During the visit, the NNPC Ltd and the ECOWAS Commission reaffirmed their commitment towards the project, which, when completed, will provide gas to the West African countries through to the Kingdom of Morocco and subsequently to Europe.”

It also added, “The NNPC and ONHYM would also sign two MoUs with Société Mauritanienne des Hydrocarbures of Mauritania and Petrosen of Senegal, both of whom are expected to participate in the project.”

The NNPC said the project would supply about three billion standard cubic feet of gas along the West African Coast from Nigeria, Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, Gambia, Senegal and Mauritania to Morocco.

“Other benefits of the NMGP project include improving the living standards of people, integration of the economies within the sub-region and mitigating against desertification through sustainable & reliable gas supply,” the oil firm stated.

You May Also Like

World

At least 632 people have been killed and 329 were injured in the earthquake that struck Morocco. Gatekeepers News reports that the head of...

Business

Nigerian National Petroleum Company Limited, NNPCL, has reacted to the widespread concern of a possible hike in the pump price of Premium Motor Spirit,...

News

Senator Ifeanyi Ararume has described as an abuse of court process, the appeal filed by the Nigerian National Petroleum Company Limited (NNPC) seeking to...

Business

Nigerian National Petroleum Company Limited has announced its partnership with NIPCO Gas Limited for the development and deployment of Compressed Natural Gas stations across...