Nigeria’s president has called on Western governments to invest in the $25 billion Nigeria-Morocco Gas Pipeline (NMGP), while the nation’s top petroleum executive is talking positively about the long-planned $13 billion Trans-Sahara Gas Pipeline (TSGP) that would link Nigeria with Algeria.
A year ago, President Muhammadu Buhari launched Nigeria’s “decade of gas”, with his administration striving since then to create the necessary fiscal and legal conditions to stimulate investments.
Abuja’s focus on gas has proven prescient after Russia invaded Ukraine in February, with Europe now hunting for other sources of gas to replace Russian supplies.
