Nigeria’s Gas Highway Dreams: Equatorial Guinea Pipeline Powers Up Regional Energy Revolution – African Peace Magazine

Nigeria’s Gas Highway Dreams: Equatorial Guinea Pipeline Powers Up Regional Energy Revolution

Nigeria’s Gas Highway Dreams: Equatorial Guinea Pipeline Powers Up Regional Energy Revolution

Nigeria is pressing forward with the Nigeria-Equatorial Guinea Gas Pipeline, a strategic cross-border project designed to transport stranded Nigerian gas to Equatorial Guinea for processing and export, according to Minister of State for Petroleum (Gas) Ekperikpe Ekpo.

Speaking during a recent webinar marking his second year in office, Ekpo described the pipeline as a “strategic collaboration” that would connect Nigeria’s gas resources to Equatorial Guinea’s liquefied natural gas facilities, opening new export channels and reinforcing regional energy integration.

In August 2024, President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo signed an agreement in Malabo covering legislative and regulatory frameworks for the pipeline’s establishment and operation, transit of natural gas, ownership structures, and guiding principles.

Once operational, the project will give Nigerian gas producers access to Equatorial Guinea’s Punta Europa complex, which houses LNG, methanol, and liquefied petroleum gas export facilities. The initiative aligns with Nigeria’s broader gas development strategy to curb flaring, expand domestic use of LPG and compressed natural gas, and strengthen the country’s role as a reliable supplier to international markets.

Nigeria holds Africa’s largest proven gas reserves, estimated at more than 210 trillion cubic feet, and has promoted gas as the country’s “transition fuel” to drive industrialization and support global decarbonization goals.

Source: BusinessDay