GCEO NNPCL, Mele Kyari During the Signing of Nigeria Morocco Gas Pipeline Project.
HighlightOil & GasTrending Story

Nigeria-Morocco gas pipeline project will reduce Africa’s carbon emission, says  Kyari, NNPCL GCEO

338

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL), Malam Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will drastically reduce carbon emission in Africa.

The NNPC GCEO who said this during the signing ceremony of the Nigeria-Morocco Gas Pipeline Project Memoranda of Understanding (MoU) in Rabat Morocco on Thursday, said the project will also create wealth, and improve the standard of living of people in countries in the African region.

Persecondnews had reported that NNPC Ltd will sign an MoU on a 7,000km gas pipeline project estimated to cost $25 billion, with the National Office of Hydrocarbons and Mines of Morocco (ONHYM) and the ECOWAS Commission, today, September 15, 2022.

NNPC and National Office of Hydrocarbons and Mines of Morocco, also signed two MoUs with Société Mauritanienne des Hydrocarbures (SMH) of Mauritania and Petrosen of Senegal.

Speaking at the signing ceremony, Kyari said the gas pipeline project will also help in the mitigation against desertification and other benefits that will accrue as a result of reduction in carbon emission.

He described the event as a very important milestone in the Nigeria Morocco Gas Pipeline project as it reaffirms the commitment of stakeholders to deliver on the project.

The NNPC boss explained that the NNPC is well positioned to advance the project by leveraging on its experience and technical capabilities ranging from gas production, processing, transmission and marketing as well as our vast experience in executing major gas infrastructure projects in Nigeria.

From inception of the project to the present stage, Kyari said concerted efforts have been made by the government of Nigeria and the Kingdom of Morocco which led to the “very commendable achievements recorded.”

He expressed appreciation to His Royal Majesty, King Mohammed VI of Morocco and His Excellency, President Muhammadu Buhari for entrusting NNPC Ltd with the strategic project.

“As you are aware, our countries stand to benefit immeasurably from the execution of the project which extends beyond the supply of gas to energize the countries along the route.

“Some of the benefits include creation of wealth and improvement in standard of living, integration of the economies within the region, mitigation against desertification and other benefits that will accrue as a result of reduction in carbon emission.

 

 

“I am glad to say that NNPC is well positioned to progress the project by leveraging our experience and technical capabilities ranging from gas production, processing, transmission and marketing as well as our vast experience in executing major gas infrastructure projects in Nigeria.

“On our part, NNPC Limited will facilitate the continuous supply of gas provide other enablers such as the required land for the first compressor station for the pipeline to be deployed in Nigeria which is among the thirteen stations earmarked along the pipeline route.

“On behalf of the Federal Government of Nigeria, I would like to thank you all as we continue to strengthen our partnership for the benefit of our countries,” Kyari stated.

Persecondnews also reports that the Nigeria-Morocco Gas Pipeline (NMGP) Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco, and was conceived during the visit of King Mohammed VI of Morocco to Nigeria in December 2016.

The NMGP Project is aimed at monetization of Nigeria’s abundant natural gas resources thereby generating additional revenue for the country, diversification of Nigeria’s gas export routes, and elimination of gas flaring.

The 7,000km gas pipeline when completed, will supply about three billion standard cubit feet of gas to Morocco, 13 ECOWAS countries and Europe.

The pipeline will originate from Brass Island (Nigeria) and terminates at North of Morocco where it will be connected to the existing Maghreb European Pipeline (MEP) that originates from Algeria (via Morocco) to Spain.

 

 

 

Leave a comment

Related Articles

Tinubu returns to Nigeria today – Presidency

President Bola Tinubu will arrive in Abuja on Wednesday from Europe, the...

Hummels’ towering header sends Dortmund to the final, first time in 11 years

Mats Hummels scored the defining goal as Borussia Dortmund booked their place...

Another gas explosion rocks Lagos, leaving three dead

Another gas explosion in Lagos has killed three people, this time at...

Shell Nigeria paid $1.09bn in taxes, royalties in 2023 to Nigerian government – SPDC MD Okunbor

Shell says it paid $1.09 billion in corporate taxes and royalties to...

Release FIJ journalist Daniel Ojukwu, Spaces for Change urges police authorities

Spaces for Change (S4C) has called for the immediate and unconditional release...

Crazy father asks wife to throw their disabled 6-year-old son into crocodile-infested river, mauled to death

A mother has thrown her disabled six-year-old son into a crocodile-infested river,...

Petrol: Again, NNPC Ltd. cautions against panic buying

For the umpteenth time, the Nigerian National Petroleum Company Limited (NNPC Ltd)...

List of five charges Nigerians pay for electronic transactions

Following the latest directives from the Central Bank of Nigeria (CBN) authorizing...

Lagos coastal highway: Stop the calumny campaign, Presidency tells Atiku

The Presidency has cautioned former Vice President Atiku Abubakar not to distort...

CBN’s Cybersecurity Levy: 16 banking transactions exempted

The Apex Bank has released a list of the 16 banking transactions...

CBN directs banks to charge 0.5% cybersecurity levy on transactions

The Central Bank of Nigeria (CBN) has directed banks to implement a...

Rivers political crisis: You are extinct in the eyes of the law, Fubara tells state assembly

The simmering tension between Rivers Governor Siminalayi Fubara and the pro-Wike members...

Lagos lawmakers to IGP: Your position on state police unacceptable

The Lagos State House of Assembly has disagreed with the position of...

FG, Jamaican govt. strengthens partnership in film, animation industry

The Jamaican government has joined a lengthy list of countries considering robust...

Again, two Nigerians killed in South Africa, a month after killing five

Two more Nigerians have been killed in cold blood in Germiston, South...

FG partners pharmaceutical companies to pare drug prices

Prof. Mojisola Adeyeye, the Director-General of the National Agency for Food and...

Breaking: Ikeja Disco reduces tariff for Band A customers from N225/kWh to N206.80/kWh

The Ikeja Electric Distribution Company (IE) says its customers on Band A...

Ex- Minister of State for Education, Kenneth Gbagi, dies at 62

A former Minister of State for Education and governorship candidate of the...

Real Madrid win their 36th Liga title after Girona stun Barca

Real Madrid earned what coach Carlo Ancelotti said was a “deserved” La...

37-year-old Australian MP allegedly drugged, sexually assaulted

Brittany Lauga, a 37-year-old member of parliament for Queensland, has reported to...