February 11, 2025 17:23 GMT
NATGAS: Sonatrach renews commitment to Trans-Saharan gas pipeline: Platts
NATGAS
Algeria's state-owned Sonatrach reaffirmed its commitment to the Trans-Saharan Gas Pipeline (TSGP), which aims to transport 20-30 bcm/y of natural gas from Nigeria through Niger to Europe, Platts said.
- A task force from Sonatrach, Nigeria's NNPC, and Niger's SONIDEP met in Algiers to discuss the project's progress.
- The TSGP, seen as beneficial for Africa and European gas supply, will link Warri in Nigeria to Algeria's Hassi R'Mel gas hub.
- The project, revived in 2022 with the Declaration of Niamey, has faced delays due to Nigeria's oil sector reforms.
- However, with Europe seeking alternatives to Russian gas, the TSGP is viewed as a key opportunity to utilise Nigeria's vast gas reserves.
- The pipeline's estimated $13 billion cost will largely benefit Niger, which has 24 Bcm of recoverable gas reserves.
- Additionally, Nigeria is involved in the Nigeria-Morocco gas pipeline project, which will supply gas to 13 ECOWAS countries, Morocco, and potentially Europe, further expanding its gas export capacity.
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