News

Nigeria-Morocco: Gas pipeline and fertilizers projects to officially begin after signing of final agreements

Nigeria-Morocco: Gas pipeline and fertilizers projects to officially begin after signing of final agreements
  • Comments   -   Tuesday, 16 May 2017 - 15:45

(Ecofin Agency) - On the sidelines of a ceremony presided by Morocco’s King Mohammed VI on May 15th, two agreements related to the Nigeria-Morocco gas pipeline project and bilateral cooperating in the fertilizers sector were signed. The projects will thus be officially launched.

The first agreement, knowingly that for the gas pipeline was signed by the director general of the Moroccan Office for Hydrocarbons and Mining, Amina Benkhadra, and Managing Director of Nigerian National Petroleum Company (NNPC), Maikanti Baru (photo). With an estimated cost of $25 billion, the project will have benefit more than 300 million people and accelerate electrification projects in West Africa.

Regarding the second agreement, it was signed by CEO of OCP Group, Mostafa Terrab and the President of the Fertilizers Producers and Suppliers Association of Nigeria (FEPSAN), Thomas Etuh. It aims to boost local fertilizers production and secure the Nigerian market’s fertilizer supply for competitive prices and reinforce local distribution channels.

Let’s recall the currents agreements were reached by the leaders of the two countries in December last year. They aimed at reinforcing bilateral relationships between Morocco and Nigeria.

SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Philippine firm International Container Terminal Services (ICTSI) has announced on May 25...
Read more |  26 May 2017
Nigeria is poised to attract over $30 billion worth of investments, as its...
Read more |  26 May 2017
Shareholders of Crystal Telecom which holds 20% of MTN Rwanda are concerned...
Read more |  25 May 2017
After the global call to indigenous populations to fight for their rights...
Read more |  25 May 2017
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-05-19 16:27:45' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-04-26 16:27:45' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2016-05-26 16:42:31' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
listofid2=36902,36901,36900,36899,
reference=36902,36901,36900,36899,0
A total of 34 companies submitted bids for the NNPC’s contract for...
Read more |  25 May 2017
The United Nations Industrial Development Organization (UNIDO) will support the Nigerian government...
Read more |  25 May 2017
Nigeria’s oil minister, Emmanuel Kachikwu (photo), said Nigeria is not opposed to...
Read more |  25 May 2017
In its quarterly report on the telecom industry, the Nigerian Communications Commission...
Read more |  24 May 2017

Copyright Agence Ecofin © 2015. All Rights Reserved.