The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries within the African region.
Speaking yesterday during the signing ceremony of the
Project’s Memoranda of Understanding among NNPC, ONHYM (the National Office of
Hydrocarbons and Mines of Morocco) and ECOWAS; NNPC, ONHYM and SMH; and NNPC,
ONHYM and PETROSEN in Morocco, Kyari said the gas pipeline project would also
help in the mitigation against desertification and other benefits that will accrue
as a result of reduction in carbon emission.
He described the event as an important milestone in the
project, as it reaffirms the commitment of stakeholders to deliver on it.
Kyari explained that NNPC is well positioned to progress the
project by leveraging on its experience and technical capabilities ranging from
gas production, processing, transmission and marketing as well as our vast
experience in executing major gas infrastructure projects in Nigeria.
From inception of the project to this stage, Kyari said
concerted efforts have been made by the Nigerian and the Kingdom of Morocco,
which led to the very commendable achievements recorded.
He expressed appreciation to His Royal Majesty, King
Mohammed VI of Morocco and His Excellency, President Muhammadu Buhari for
entrusting NNPC Ltd with this strategic project.
He said, “as you are aware, our countries stand to benefit
immeasurably from the execution of the project which extends beyond the supply
of gas to energise the countries along the route.
“Some of the benefits include, creation of wealth and
improvement in standard of living, integration of the economies within the
region, mitigation against desertification and other benefits that will accrue
as a result of reduction in carbon emission.
“I am glad to say that NNPC is well positioned to progress
the project by leveraging our experience and technical capabilities ranging
from gas production, processing, transmission and marketing as well as our vast
experience in executing major gas infrastructure projects in Nigeria.”
“On our part, NNPC Limited will facilitate the continuous
supply of gas and provide other enablers such as the required land for the
first compressor station for the pipeline to be deployed in Nigeria which is
among the thirteen stations earmarked along the pipeline route.
“On behalf of the Federal Government of Nigeria, I would
like to thank you all as we continue to strengthen our partnership for the
benefit of our countries.”
The Nigeria-Morocco Gas Pipeline (NMGP) Project is an
initiative of the Federal Government of Nigeria and the Kingdom of Morocco and
was conceived during the visit of King Mohammed VI of Morocco to Nigeria in
December 2016.
The NMGP Project is aimed at monetization of Nigeria’s
abundant natural gas resources, thereby generating additional revenue for the
country, diversification of Nigeria’s gas export routes, and elimination of gas
flaring.
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