The Federal Government is advancing a proposed transcontinental gas pipeline to deliver Nigeria’s natural gas to European markets, strengthening energy security and unlocking economic value.
The pipeline will transport up to 30 billion cubic meters of gas annually from Nigeria’s southern reserves through Chad and Libya, before extending subsea to Sicily, Italy, and Europe.
Minister Ekperikpe Ekpo described the project as “transformative” and “timely,” saying Nigeria is poised to attract investors.
The NNPC has a clear Gas Master Plan, and President’s gas-led initiatives aim to drive investments across the value chain.
Consortium partners, including Netoil Inc. and Unicorn, echo sentiments, citing strong market demand and available financing structures.
The project is expected to reduce gas flaring, position Nigeria as a dominant supplier to Europe, and create jobs and investments. With appropriate financial backing, Ekpo sees no obstacle to the project’s fruition.
