The Federal Government has made progress on its proposed $20 billion Nigeria–Europe gas pipeline project, aimed at transporting the country’s abundant natural gas to European markets.
Still in its early stages, the initiative is being developed by a consortium of international industry players. It will undergo detailed technical, commercial, and regulatory evaluations, with stakeholders expressing confidence that the project could transform Nigeria’s position in the global energy sector while strengthening its relationship with Europe.
According to a statement by Louis Ibah, spokesperson for the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, the project is intended to enhance energy security and generate long-term economic benefits.
The pipeline, envisioned as a major gas corridor, is expected to deliver up to 30 billion cubic metres of gas annually. It will run from Nigeria’s southern gas reserves through Chad and Libya, then extend offshore to Sicily, Italy, before connecting to the wider European market.
Ekpo recently met with key stakeholders in London, describing the discussions as significant and timely. He noted that Nigeria is well-positioned to attract investment into its gas sector, citing supportive policies such as the Petroleum Industry Act and recent executive orders.
He emphasized the need for strategic utilization of the country’s natural resources to drive development and improve livelihoods, expressing optimism that the project can succeed with adequate financing.
Also speaking, Olalekan Ogunleye, Executive Vice President for Gas, Power, and New Energies at NNPC Limited, reaffirmed the company’s commitment to advancing gas development in line with national priorities. He highlighted ongoing efforts to create investment opportunities, eliminate barriers, and collaborate with credible partners.
Roger Tamraz, CEO of Netoil Inc. and a key promoter of the project, described it as both commercially viable and strategically important for Europe’s energy needs, citing strong demand and available funding structures.
Other partners, including Unicorn CEO Alain Bolo, noted that the pipeline could help reduce gas flaring and position Nigeria as a leading supplier to Europe. Meanwhile, Project Director Henry Erimodafe described the initiative as a mutually beneficial venture capable of driving job creation, investment, and sustained economic growth.
