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NNPC, Morocco, 5 west African Countries signs MoU

The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco and five West African Countries.

The Nigeria National Petroleum Company Limited (NNPC Ltd), Morocco’s ONHYM and the National Oil Companies and commercial entities of Gambia, Ghana, Guinea Bissau and Sierra Leone executed the MoU in the Moroccan capital, Rabat.

Malam Mele Kyari, Group CEO, NNPC Limited in a statement signed by Garba Muhammad, Chief Corporate Communications officer, NNPC Limited said Africa would benefit immensely from the project.

Speaking shortly after the signing of MoU on behalf of the NNPC Ltd., Kyari said it represented a significant step in fulfilling the Federal Government’s drive towards harnessing Nigeria’s abundant gas resources through NMGP.

According to Kyari, other benefits of the project include creation of wealth and improvement in the standard of living of the citizenry, increased cooperation between countries while mitigating against desertification and other benefits to be derived from carbon emission reduction.

The GCEO who described natural gas as a critical fuel in the transition towards net-zero, said that NNPC Limited was well positioned to progress the NMGP project by leveraging its experience and technical capabilities.

According to him, the capabilities range from gas production, processing, transmission and marketing as well as its vast experience in executing major gas infrastructure projects in Nigeria.

He lauded the strategic vision of President Muhammadu Buhari and His Royal Highness, King Mohammed VI of Morocco for entrusting NNPC Limited and ONHYM with the project.

In their respective speeches, the representatives of the West African countries reiterated the commitment of their countries towards making the NMGP project a reality.

NAN

Procyon News

 

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