Nigeria Seeks $25B To Develop Nigeria-Morocco Gas Pipeline

Nigeria is seeking $25 billion to develop the Nigeria-Morocco Gas Pipeline. Connecting Nigeria’s gas fields with European markets via Morocco, the pipeline will traverse the coastline of 13 West African countries, providing a direct export route for Nigerian gas resources.

With production planned for 2029, Nigeria is appealing to global investors to support the project’s development. Spanning 5,660 km, the pipeline will have a capacity of 30 billion m³. In addition to financing, the country is seeking technical expertise by private companies.

Speaking in a meeting with energy and commodity trader Vitol this week, Kashim Shettima, Vice President of Nigeria, stated that the country is “seriously exploring the option of taking our gas to Europe. It is an expensive venture requiring about $25 billion, and of course, the technical expertise. Gas supply stability counts: that is why we are exploring the option of an undersea gas pipeline.”

Countries have already expressed interest in financing the pipeline. In May 2025, the UAE agreed to help financing the project. The pipeline is also anticipated to receive funding from various lenders, including the European Investment Bank, the Islamic Development Bank and the OPEC Fund.