Oil & Gas

In a groundbreaking move to reshape both Africa’s energy infrastructure and Europe’s energy security, Morocco and Nigeria have officially launched a joint venture to develop a $25 billion transcontinental gas pipeline. Spanning over 5,600 kilometers, the pipeline will transport natural gas from Nigeria’s abundant reserves across 13 West African countries, ultimately connecting to Europe via Morocco. With a capacity to carry 30 billion cubic meters of gas annually, this project not only strengthens energy ties between the two countries but also positions West Africa as a critical supplier in the global energy market. This ambitious venture represents a major milestone in regional energy integration, offering Europe a reliable and politically stable gas supply while driving economic growth across Africa.

Beyond the pipeline, Morocco is significantly expanding its energy infrastructure with the launch of its first floating LNG terminal at Nador, strategically positioned on the Mediterranean coast. This Floating Storage Regasification Unit (FSRU) will enhance Morocco’s ability to import and regasify liquefied natural gas, connecting it to the country's broader energy network and supplying key industrial zones. The project complements Morocco’s long term energy strategy, which aims for 52% renewable energy by 2030. The joint Morocco-Nigeria initiative is a powerful symbol of Africa’s growing role in global energy, showcasing how the continent is not just a resource base, but an active leader in shaping the future of global energy supply. With this collaboration, Africa takes a major step forward, proving that it is poised to drive innovation and stability in the energy sector.