NIGERIA, MOROCCO BEGIN GAS PIPELINE JOURNEY

Nigeria and Morocco  have signed a declaration  to begin a 25 year ambitious dream to build a gas pipeline  connecting the two countries.

The declaration  of intent was signed Sunday June 10 2018 in Morocco  by Nigeria's  President  M Buhari and King Mohammed  V1 of Morocco.

This was as a follow  up to agreement  reached in 2016 which led to feasibility  studies and a plan for the pipeline.

The understanding  now is that it will be a 5660 km long pipeline that will cross various countries onshore  and offshore to link the two countries with an eye not only on the markets crossed by it but also,  to target the European  market through it.

Now both nations have committed themselves to establish  the cost estimate  of the project and to seeking funds to make it happen.

For now a front end engineering  design is to be commissioned to involve the countries the pipeline will cross and also determine export potential  through the pipeline.

Meanwhile,  in the course of President Buhari's state visit to Morocco,  the Nigerian Sovereign  Investment  Authority  has signed  agreement  with Morocco's top phosphate company  to establish  a plant  to produce ammonia  and it's derivatives in Nigeria.