Nigeria Seeks $25 Billion Investment for Nigeria-Morocco Undersea Gas Pipeline to Europe

Nigeria is actively courting global investment for a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe via Morocco, in a strategic move to boost its energy exports and economic growth.

The ambitious Nigeria-Morocco Gas Pipeline project was a key focus during a meeting on Monday between Vice President Kashim Shettima and executives from global energy and commodity trading giant, Vitol Group, at the Presidential Villa in Abuja.

The pipeline, which will run along the West African coastline, is designed to deliver Nigerian gas to Morocco and onward to European markets, positioning Nigeria as a major player in the global energy transition.


“A Gas Economy, Not Just Oil” — Shettima

Vice President Shettima highlighted President Bola Tinubu’s bold economic reforms—such as the removal of fuel subsidies, unification of the exchange rate, and tax overhauls—as key signals of Nigeria’s readiness for foreign investment.

“In the last 25 years, we haven’t had a leader with the courage to take such far-reaching decisions,” Shettima said.

He described Nigeria’s gas sector as a model of stability and transparency, calling on global partners to support the country’s energy ambitions.

“We are the eighth-largest holder of gas reserves in the world. Ours is truly a gas economy. The Nigeria Liquefied Natural Gas Limited (NLNG), for example, operates with minimal government interference, and its output is predictable,” he noted.

Shettima emphasized that while the project requires substantial capital, Nigeria is seeking technical expertise even more than financial backing.

“This is a $25 billion project. It’s a heavy lift. But more than your money, we need your technical expertise. We are exploring the undersea pipeline because gas supply reliability is critical, and Europe is a key market,” he added.

He assured potential investors of a transparent project management structure, appealing to Vitol to leverage its global reach to mobilize resources and partners.


Vitol Reaffirms Commitment to Nigeria

Jeffrey Dellapina, Chief Financial Officer of Vitol Group, expressed the company’s long-term commitment to Nigeria, highlighting decades of engagement in trading, financing, and energy infrastructure.

“Nigeria has always been a priority for Vitol. We’ve been involved in everything from downstream operations to government support. We are committed to staying and evolving with Nigeria,” Dellapina said.

Murtala Baloni, Vitol’s Head of Public Affairs, added that the company has supported major projects, including Project Gazelle—a crude oil-backed forward-sale facility by NNPC Limited—during the COVID-19 pandemic.

“We contributed $300 million during a critical period. We will continue supporting Nigeria’s energy ambitions in every way we can,” he said.


The Nigeria-Morocco Gas Pipeline is one of the largest infrastructure projects proposed in West Africa and could be a game-changer in global energy markets if realized.

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