The Federal Government has commenced discussion with the north African country, Libya, for a gas pipeline construction project between both country.
This was hinted by the Minister of Petroleum (Gas), Ekperikpe Ekpo, while meeting with the Libya’s Minister of Oil, Dr. Khalifa Abdu-Alsadiq, on the sidelines of the Gastech Exhibition and Conference 2024 holding in Houston, USA.
Taking to his X handle, Ekpo said the potential gas pipeline would begin from Nigeria to Libya.
According to him, this strategic meeting aims to strengthen energy cooperation between the two nations
The discussion surrounding the construction of a regional pipeline between Nigeria and Libya has been ongoing for some time, as both nations are key oil and gas producers in Africa.
In 2022, the then Libya’s Oil Minister, Mohamed Aoun, proposed that the ongoing $13 billion Nigeria-Morocco Gas Pipeline (NMGP) from Nigeria should pass through Libya instead of Algeria, another resource-rich African country.
The cross-border pipeline, which is expected to transport gas from Nigeria to other African nations and the European market upon completion, spans 5,600 km and will traverse 13 African countries: Nigeria, Benin Republic, Togo, Ghana, Cote D’Ivoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, Gambia, Senegal, Mauritania, and Morocco.
Nigeria’s transition from oil to gas in the oil and gas sector has been ongoing for decades, driven by the country’s vast gas reserves compared to its crude oil reserves.
According to the latest data from the Nigerian Upstream Regulatory Commission (NURPC), Nigeria’s crude oil reserves stand at 37 billion barrels, while the country boasts a gas reserve of approximately 202 trillion cubic feet (tcf), with about 139.4 tcf being recoverable.
