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  • Algeria, Niger and Nigeria sign MoU for $13 billion Saharan gas pipeline project
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Algeria, Niger and Nigeria sign MoU for $13 billion Saharan gas pipeline project

Admin July 29, 2022

July 29, 2022

Algeria, Nigeria and Niger have signed a memorandum of understanding to build a natural gas pipeline across the Sahara desert, Algeria’s energy minister Mohamed Arkab said on Thursday.

The three countries agreed in June to revive decades-old talks over the project, a potential opportunity for Europe to diversify its gas sources. read more

Arkab told reporters after the signing ceremony that the three countries will continue talks to achieve the project as quickly as possible.

The Trans-Saharan gas pipeline is an estimated $13 billion project that could send up to 30 billion cubic metres a year of supplies to Europe.

According to Algeria’s Ennahar TV, the pipeline is expected to span around 4,000 kilometers. It has been slated to start in Warri, Nigeria, and to end in Hassi R’Mel, Algeria, where it would connect to existing pipelines that run to Europe.

The idea was first proposed more than 40 years ago and an agreement signed between the countries in 2009, but progress stalled.

Algeria exported 54 billion cubic meters of gas in 2021, mainly to Italy and Spain.

REUTERS

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Tags: Ennahar TV Mohamed Arkab

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