People & Money

Can The Trans Sahara Gas Pipeline fly?

It can fly now. But it had question marks. About 40 years ago government was debating either Trans-Sahara Gas Pipeline or setting up liquefied Natural Gas Plants (LNG). LNG won and the idea of transporting gas through pipeline to Europe faded, until when President Goodluck Jonathan came and the restarted discussion. But there were Brass LNG and  Olokola Liquefied  Natural Gas Project (OKLNG).  However, government/Deziani Madueke, the then minister for Petroleum Resources, lost focus and none progressed.

Also Read: The Excruciating Impact of Crude Oil Theft And Its Threat To Nigeria’s Economy

Now with the Russian War, Europe will support firmly. Nigeria is Revenue challenged now. There is an incentive to focus. Funding will come with EU support

As for risk, new technology will protect the pipeline. In my time pipeline cover was a mere one meter, now they can go two meters deep or more. Surveillance technology has also improved.

Remember governments of Niger and Algeria will collect TRANSIT FEES of 5% from volumes sold through the pipeline. They have the incentive to protect the pipeline.

Also Read: Fear of Dashed Hopes As Oil Producers Await Decisive Action Against Crude Oil Theft

This pipeline will take off from Kano not Warri. Already the Ajokuta/Kaduna/Kano (AKK) pipeline has been awarded and being built. The gas will come from Oben/Obiafu/Obikom (OB3) pipeline.

Yes, there was another coastal pipeline proposed through many West African countries to Morrocco and on to Europe. Feasibility studies have been committed and this is funded by OPEC. It will take no less than five years to complete in my view.

Algerian, Nigerien and Nigerian Energy Ministers signed memorandum of understanding (MoU) for the construction of a 4,000 gas pipeline across the Sahara Desert that will supply Europe with additional gas, the Algerian news agency APS wrote.

Remember governments of Niger and Algeria will collect TRANSIT FEES of 5% from volumes sold through the pipeline. They have the incentive to protect the pipeline.

This pipeline will take off from Kano not Warri. Already the Ajokuta/Kaduna/Kano (AKK) pipeline has been awarded and being built. The gas will come from Oben/Obiafu/Obikom (OB3) pipeline.

Also Read: Nigerian Oil Pipeline Runs Dry As Rampant Oil Theft Plagues Country

Yes, there was another coastal pipeline proposed through many West African countries to Morrocco and on to Europe. Feasibility studies have been committed and this is funded by OPEC. It will take no less than five years to complete in my view.

Algerian, Nigerien and Nigerian Energy Ministers signed memorandum of understanding (MoU) for the construction of a 4,000 gas pipeline across the Sahara Desert that will supply Europe with additional gas, the Algerian news agency APS wrote.

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