Nigeria, Morocco Sign 3 Economic Cooperation Agreements

President Muhammadu Buhari and King Mohammed VI of Morrocco supervised Sunday the signing of three bilateral cooperation agreements in Rabat, Morroco capital city. One of the agreements is linked to the strategic project of gas pipeline connecting Nigeria and Morocco.

During the ceremony, Farouk Garba Said, General Manager of the Nigerian National Petroleum Corporation (NNPC) and Amina Benkhadra, General Director of the Moroccan Office for Hydrocarbons and Mining spoke about the Morocco-Nigeria joint declaration on the next phase of the Regional Gas pipeline connecting gas resources from Nigeria to West African countries and Morocco.

The Nigerian and Moroccan parties “have worked effectively and constructively to ensure that the feasibility study for the pipeline, which is the first phase of this strategic project, is carried out by the contractor in a professional manner and in accordance with best practices,” said the officials.

The proposed pipeline is to measure about 5,660 kilometers – its cost has been estimated, knowing that it is anticipated to be constructed over phases to fulfill the increasing needs of the countries they will pass through towards Europe during the coming 25 years.

Said and Belkhadra also highlighted the benefits of the project for the collaboration between the two countries, Mauritania, and the ECOWAS countries to promote trade.

The second agreement, was signed between the OCP Group and the Nigeria Sovereign Investment Authority for the development of an industrial platform in Nigeria to produce ammonia and related products. The third document is a convention on the agricultural vocational training and technical supervision between the ministries of agriculture of both countries.

 

Source: Asharq Al-awsat