The Borneo Post

Nigeria and Morocco sign gas pipeline deal to link Africa to Europe

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ABUJA: Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe, Nigeria’s minister of foreign affairs said.

The agreement was reached during a visit by the Morocco’s King Mohammed to the Nigerian capital Abuja, Geoffrey Onyema, the minister, said, adding that the pipeline project would be designed with the participat­ion of all stakeholde­rs.

“In this agreement both countries agreed to study and take concrete steps toward the promotion of a regional gas pipeline project that will connect Nigeria’s gas resources, those of several West African countries and Morocco,” Onyema told reporters in Abuja.

Onyema said the project aimed to create a competitiv­e regional electricit­y market with the potential to be connected to the European energy markets.

No timeline was given for when the pipeline constructi­on work will start and how much it will cost. Nigeria is rich in hydrocarbo­ns but produces little electricit­y, making its industries uncompetit­ive. Its economy now faces a recession caused by a plunge in crude prices.

Militants in its oil producing heartland of the Niger Delta have also blown up pipelines in a quest for a bigger share of Nigeria’s oil wealth, which has cut crude output this year.

“Nigeria and the Kingdom of Morocco also agreed to develop integrated industrial clusters in the sub-region in sectors such as manufactur­ing, Agro- business and fertilizer­s to attract foreign capital and improve export competitiv­eness” the foreign minister added.

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