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فبراير.كوم
Morocco Looks for Funding for Atlantic Gas Pipeline
The Atlantic African Gas Pipeline Project, which costs approximately $26 billion, aims to transport gas from West Africa to Europe via Morocco. Supported by the ECOWAS group, the project connects gas fields in Nigeria, Senegal, and Mauritania with Morocco's existing gas network, with implementation expected to begin in 2028 and initial supplies projected to start by the end of 2031. Morocco is seeking funding from the U.S. Export-Import Bank and the World Bank, amid expectations that its market could expand to include Europe, despite operational challenges and the complexities of involving multiple countries. The project's capacity is 30 billion cubic meters per year, half of which is intended for the Moroccan market and the other half for Europe.
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