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The OPEC Fund
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Development
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  2. Nigeria-Morocco Gas Pipeline (NMGP) Front End Engineering Study (FEED) Phase II Project

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Nigeria-Morocco Gas Pipeline (NMGP) Front End Engineering Study (FEED) Phase II Project

Morocco

Borrower Morocco
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 15.09.2021
Signed 24.03.2022
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency ONHYM
Co-financiers ISDB, Gov. of Morrocco, Gov. of Nigeria
OPEC Fund Contribution (US$m) 14.30
Total Project Cost (US$m) 90.10

To support the Moroccan government’s national development strategy aimed at transitioning to a low-carbon energy system, diversifying its energy mix and achieving its renewable energy commitments.  The study will carry out detailed evaluations of the implementation and design process for the eventual construction of the gas pipeline, thus facilitating the final investment decision. The OPEC Fund’s contribution will specifically co-finance the survey works for the North Area (Senegal - Mauritania – Morocco) of the NMGP. 

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