Signature of three bilateral agreements, one of which relates to the Gas Pipeline
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, and Nigerian President Muhammadu Buhari presided in Rabat, the signing ceremony of three bilateral cooperation agreements, including one relating to the Nigeria Gas Pipeline strategic project. -Morocco.
Among the planned actions, it is planned to refine the estimates of investment and operating costs, to finalize the economic analysis on the basis of volumes and construction assumptions finalized and to start discussions with the international banks. to test their willingness to finance this project, and to prepare the preliminary documents.
Farouk Garba Said and Ms Amina Benkhadra also stressed that the two Heads of State insisted on the need to take fully into account the ecological and environmental dimension in the various stages of the Project.
This project will give Africa a new economic, political and strategic dimension and place Morocco and Nigeria as two leaders of South-South cooperation at the level of the African continent, they assured.
And to conclude that given its strategic importance and benefits, not only for Nigeria and Morocco, but also for the countries crossed by the Pipeline, NNPC and ONHYM confirm their joint commitment to carry out this project.