Algeria, Nigeria and Niger have reached an agreement on financing the Trans-Saharan gas pipeline, while Algiers is negotiating with Russian companies. The project’s financial structure has been finalised, but a final investment decision in 2027 is still pending, according to Algérie360.
Algeria, Nigeria and Niger have reached an agreement on financing the Trans-Saharan gas pipeline, while Algiers is negotiating with Russian companies. The project’s financial structure has been finalised, but a final investment decision in 2027 is still pending, according to Algérie360.
Nigeria, Algeria and Niger have agreed on the financial structure of the Trans-Saharan Gas Pipeline (NIGAL), which is 4,327 km long and intended to transport up to 30 billion cubic metres of gas a year. The cost is estimated at between $10 billion and $13 billion, and discussions on the final investment decision are due to begin in 2027, according to NNPC chief Bashir Bayo Ojulari, quoted by El Khabar at the ADIPEC conference in Abu Dhabi.
Russian companies are expected to take part in constructing the 4,000-kilometre Trans-Saharan Gas Pipeline linking Nigeria, Niger and Algeria. Work reportedly began in June, with commissioning scheduled for 2030, according to the Zambian Observer.