THE AFRICAN ATLANTIC GAS PIPELINE (AAGP) PROJECT
The Economic Community of West African States (ECOWAS), alongside Morocco and Mauritania, made a significant push forward in the development of the African Atlantic Gas Pipeline (AAGP) project. (African Atlantic Gas Pipeline Project) At a recent meeting in Abuja, government officials and corporate stakeholders examined the draft Intergovernmental Agreement (IGA) and Host Government Agreement (HGA), pivotal steps in advancing the massive African Atlantic Gas Pipeline (AAGP) project, valued at approximately $26 billion. The AAGP combines two major pipeline initiatives: the $975 million, 678 km West African Gas Pipeline Extension Project (WAGPEP) and the 5,669 km Nigeria-Morocco Gas Pipeline Project (NMGP), projected to cost around $25 billion. Last year, ECOWAS Heads of State resolved to integrate these projects into a single pipeline network to enhance energy connectivity across Africa. Nigeria’s Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, emphasized the pr...