What the $13 billion Trans Saharan Gas Pipeline Means for Africa [Video]

What the $13 billion Trans Saharan Gas Pipeline Means for Africa –
West Africa is currently witnessing a transformative wave of infrastructure and energy projects that promise to redefine the region’s future. From ambitious transportation initiatives to substantial investments in renewable energy, countries in West Africa are fostering economic development and enhancing regional connectivity. However, one project stands out for its potential to deliver widespread benefits: the Trans-Saharan gas pipeline, which makes it a beacon of hope and progress for West Africa’s future. What is this pipeline? Is it already in operation? Who is funding the project? And most importantly, what will this mega project mean for West Africa? In today’s video, we will shed more light on these questions and many more. Before we dive into our topic today, if you haven’t already, please consider subscribing to our channels and ringing the bell to be notified about all our exciting future videos.
To better understand what the Trans-Saharan Gas Pipeline is, we need to examine its history in detail. The proposal for a trans-Saharan pipeline was first floated in the 1970s. But it wasn’t until January 14th, 2002 that the Nigerian National Petroleum Corporation or NNPC and Algeria’s national oil and gas corporation Sonatrach signed a Memorandum of Understanding for project preparations. In June 2005, NNPC and Sonatrach signed a contract with Penspen Limited to conduct a feasibility study of the project The feasibility study, which was completed in September 2006, determined that the pipeline was technically and economically feasible as well as reliable. On February 20, 2009, NNPC and Sonatrach decided to move forward with the draft Memorandum of Understanding between the three countries and the joint venture agreement. The intergovernmental agreement on the pipeline was signed by the energy ministers of Nigeria, Niger, and Algeria on July 3rd, 2009, in Abuja but there were no development updates for several years after the 2009 meeting. But in June 2022, Algeria, Nigeria, and Niger held talks on the revival of the decades-old project. And on July 28th, 2022, the Algerian Minister of Energy and Mines, Mohamed Arkab, Nigerian Minister of State for Petroleum Resources, Timipre Sylva, and Nigerien Minister of Energy and Renewable Energy, Mahamane Sani Mahamadou, signed a Memorandum of Understanding for the implementation of the Trans-Saharan Gas Pipeline at the end of the work of the third tripartite ministerial meeting held in Algiers, Algeria.

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