Thursday, March 23, 2023
Home Law NMGP: Nigeria, Morocco, Senegal sign four MoU in Mauritania 

NMGP: Nigeria, Morocco, Senegal sign four MoU in Mauritania 

In furtherance of the implementation of the Nigeria-Morocco Gas Pipeline Project, Nigeria together with  Morocco and Senegal, signed four different Memorandum of Understanding (MoU) on Sunday in Nouakchott,Mauritania.

Those who signed the documents on behalf of their countries were the Group chief executive officer, NNPC Limited, Mallam Mele Kyari, DG-ONHYM of Morocco, Ms Amina Benkhadra; GM PETROSEN Holdings of Senegal, Adama Djallo and DG SMH of Mauritania, Tourad Abdoul Baghi. 

In his remarks, Kyari said integration of West African economies through the NMGP is critical for the region’s economic growth,adding that NNPCL was committed to converting the project into functional value for all transit nations.

Also speaking, DG ONHYM, Ms Amina Benkhadra said her organisation was committed towards the integration of West African economies through the project, which she said, will help to cut down GHG emissions and meet up with Europe’s gas requirements.

On his part, the GM PETROSEN Holdings, Adama Djallo, thanked the Government of Mauritania for hosting the signing ceremony of the execution of the NNPC/ONHYM/Petrosen Tripartite MoU, adding that the Senegalese NOC would work with all partners to make the cooperation successful.

The MoU signing was a follow-up to the MoU signed between the @nnpclimited, Office National des Hydrocarbures et des Mines (ONHYM) of Morocco and the @ecowas_cedeao, held on 15th September, 2022 in Rabat, Morocco. 

Once completed,  the NMGP Project will supply about 3bscfd of gas along the West African Coast from Nigeria, Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea Bissau, Gambia, Senegal and Mauritania to Morocco. 

Other benefits of the NMGP Project include improving the living standards of people, integration of the economies within the Sub-region and mitigating against desertification through sustainable & reliable gas supply.


CBN orders banks to receive, dispense old Naira notes

The CBN gave the directive at a Bankers’ Committee meeting held on Sunday, according to a statement by the Acting Director, CBN Corporate Communications, Isa AbdulMumin, on Monday.

Roger Brown steps down as Seplat CEO, Ezugworie takes over

The company in a statement issued by its board chairman, Mr Basil Omiyi, stated that the company was on March 9, 2023, served with court processes and ex-parte Interim Order of the Hon Justice C. J. Aneke of the Federal High Court, Lagos, Nigeria, restraining the Chief Executive Officer, Mr. Roger Brown from participating in the running of the Company for a period of 7 days.

Apex Court nullifies naira redesign policy, says old notes valid till Dec 31

The supreme court has invalidated the naira redesign policy introduced by the Central Bank of Nigeria (CBN). The court...


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

We pay for only electricity generated, put on the grid – NBET 

The Nigerian Bulk Electricity Trading (NBET), has said that it only responsible for electricity generated and put on the grid and not...

NLNG joins U.N. group to reduce methane emissions, pursues decarbonisation

 According to NLNG’s Managing Director and Chief Executive Officer, Dr Philip Mshelbila, the Company had signed an MoU with UNEP in the last quarter of 2022, stating that the signing demonstrated the Company’s commitment to reduce methane emissions from its operations as part of its decarbonisation journey.

Nigeria launches six regulations for Midstream, Downstream petroleum sector

The new regulations are: Midstream and Downstream Petroleum Operations Regulations, 2023, Assignment or Transfer of License and Permit Regulations, 2023; Petroleum Measurement Regulations, 2023;. Gas Pricing and Domestic Demand Regulations, 2023; Petroleum (Transport and Shipment) Regulations, 2023 as well as  Natural Gas Pipelines Tariff Regulations, 2023.

NBET denies NDPHC January payment

NDPHC, from data gathered by energy TIMES, was billed N854,104,159 million, having consumed 861,007.18 million cubic feet of gas in the month of January.

Recent Comments