You are hereHome CategoriesNews
Trans-Saharan gas pipeline to reach Europe in 2015
Source: BI-ME and Bloomberg , Author: BI-ME staff
Posted: Sun February 22, 2009 12:00 am

INTERNATIONAL. The proposed trans-Saharan gas pipeline linking Nigeria and Algeria to Europe is expected to begin deliveries in 2015, the head of Nigeria’s state energy company said.

Final details of a memorandum of understanding to govern the project were discussed at a meeting in the Nigerian capital, Abuja, yesterday between Nigerian and Algerian officials, the Nigerian National Petroleum Corp, or NNPC, said in an e-mailed statement today.

The US$12 billion pipeline across the Sahara desert, which will start in Nigeria and pass through Niger and Algeria to Europe, “is expected to deliver first gas around 2015,” Mohammed Barkindo, head of the NNPC, said in the statement.

Mohammed Mezaine, head of the Algerian state energy company Sonatrach led his country’s delegation to the meeting, the statement said.

Nigeria’s gas reserves, estimated at 187 trillion cubic feet, are the seventh largest in the world. President Umaru Yar’Adua’s government has put forward a plan for Nigeria to earn as much revenue from gas exports as it does from crude oil, currently the mainstay of the country’s economy.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 20, 2019
INTERNATIONAL. With "all things digital", a generous amount of ambiguity and experimentation is always to be expected. But one thing seems fairly certain: big data will demand more of people, not less, as our digital epoch unfolds.
date:Posted: May 17, 2019
LONDON. The UAE is the best-known example of business-friendly reform in the MENA region; Many Western countries' instinct to protect and turn inwards, combined with a wider stagnation in the quality of Governance globally is acting as a brake on Economic Openness.
date:Posted: May 17, 2019
UAE. Ecosystems and open platforms create an economy of things; First Digital Trust Forum with international experts; "We need secure, open platforms and an internet in which users have the power to decide for themselves."
INTERNATIONAL. With "all things digital", a generous amount of ambiguity and experimentation is always to be expected. But one thing seems fairly certain: big data will demand more of people, not less, as our digital epoch unfolds.
dhgate