International

United States eyes key role in Africa’s ambitious Nigeria-Morocco gas pipeline

0

The United States has shown interest in the Nigeria-Morocco gas pipeline project, as revealed by Nigeria’s Finance Minister, Wale Edun.

Minister Edun highlighted the potential for U.S. involvement in the initiative during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, D.C.

According to Business Insider, Edun disclosed that a high-level meeting with Central Bank Governor, Olayemi Cardoso and representatives from the U.S.

State Department emphasized the importance of showcasing Nigeria’s economic reforms to attract investor confidence.

“Key areas of interest include U.S. investment in Nigeria’s natural gas sector, particularly the Nigeria-Morocco Gas Pipeline, given the country’s vast gas reserves,” Edun stated.

The Nigeria-Morocco gas pipeline project, one of Africa’s most ambitious infrastructure initiatives, will span 5,660 kilometers, connecting West Africa to Europe via Morocco.

Launched in December 2016 during King Mohammed VI’s visit to Nigeria, the US$25 billion project will link Nigeria to Morocco through 13 countries.

Read more: COMESA warns of trade turmoil as U.S. tariffs threaten eight member states including Zambia

Once completed, the pipeline is expected to become the world’s longest offshore gas pipeline and enhance energy security for both coastal nations and the Alliance of Sahel States (ESA). In 2022, the Nigerian National Petroleum Company (NNPCL) and Morocco’s ONHYM signed an agreement to begin construction, with contributions from ECOWAS, SMH of Tanzania, and Petrosen of Senegal, aiming to increase gas supply to Europe.

The rivalry between the U.S. and China over Africa’s development continues to intensify, with both nations vying for involvement in critical projects across the continent.

From mining to infrastructure, both countries have expanded their influence over the years, seeking investments that align with their respective national interests.

Earlier this year, the Nigeria-Morocco gas pipeline project gained significant backing from China’s Jingye Group, a prominent steel producer.

Through its UK subsidiary, Jingye British Steel, the company plans to supply high-quality steel products essential for the pipeline’s construction.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

17 arrested for immigration violations in Ndola, 19 others moved to Mayukwayukwa Refugee settlement

Previous article

Exploratory talks held, as Chinese firm seeks local partners to establish electric vehicle assembly plant in Zambia

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *