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