When King Mohammed VI visited President Muhammadu Buhari in December 2016, the two agreed on a grandiose scheme to bring Nigerian gas northwards. Moroccan officials have been keen to talk up prospects for this gas ‘highway’ linking 11 countries, who would feed in and take out gas along the way.
Despite considerable scepticism, plans for the Nigeria-Morocco Gas Pipeline (NMGP) have edged forward in the period since then, with studies carried out when the most enthusiastic partner – Morocco – has provided financing or secured external funds. The Islamic Development Bank (IsDB) recently sought expressions of interest for two new consultancy contracts on the scheme, after the Bank, which is headquartered in Saudi Arabia, committed $15.5m for front-end engineering design studies in mid-2021. Some initial estimates published in the media suggest that the NMGP could cost $25bn.
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