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Nigeria-Morocco-Spain gas pipeline to boost Nigeria economy

More details have emerged on the recently Nigeria-Morocco-Spain gas pipeline, revealing that it would not only supply the two nations, but pass through the 15 ECOWAS nations for supplies also.

According to the Minister of State for Petroleum, Chief Timipreye Sylva, the Federal Executive Council also approved the construction of a switch gear room and installation of power distribution cables and equipment for the Nigeria oil and gas park in Ogbia, Bayelsa, in the sum of N3.8billion.

He said that the park was to support local manufacturing of components for the oil and gas industry.

More so, Sylva said that FEC approved various contracts for the construction of an access road with bridges to the Brass Petroleum Product Deport in Inibomoyekiri in Brass Local Government in the sum of N11billion plus 7.5 per cent VAT.

Nigeria-Morocco Gas Pipeline was proposed in a December 2016 agreement between the Nigerian National Petroleum Corporation (NNPC) and the Moroccan Office National des Hydrocarbures et des Mines (National Board of Hydrocarbons and Mines) (ONHYM).

The pipeline would connect Nigerian gas to every coastal country in West Africa (Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal and Mauritania), ending at Tangiers, Morocco, and Cádiz, Spain.