By allowing Europe to tap into West Africa's abundant natural gas supply, the Trans-Saharan Pipeline is expected to boost exploration in the Republic of Niger and expand its energy industry. With a length of 4,128 km and an annual capacity of 30,000 million cubic meters of natural gas, the Trans-Saharan Natural Gas Pipeline will connect the Warri field in southern Nigeria, passing through the Republic of Niger, to the city of Hassi Ar. , Mel in northern Algeria, from where it will connect to the existing Trans-Mediterranean, Maghreb-Europe, Medgaz and Galician pipelines, allowing Europe to take advantage of West Africa's abundant natural gas reserves and thus diversifying its supply and There will be significant revenue expansion for West Africa. , oil and gas industry.
Mahamane Sani Mahamadou, Minister of Petroleum, Energy and Renewable Energy of the Republic of Niger; His Excellency Mohamed Arkab, Minister of Energy and Mines of Algeria; and Nigerian Minister of State for Petroleum Resources, His Excellency Timipre Silva, during the third edition of the Economic Communities of West African States Oil and Mining Forum in Niamey, capital of the Republic of Niger, on February 16.
The Trans-Saharan Natural Gas Pipeline is being developed through a partnership between the Nigerian National Oil Company (NOC), the Nigerian National Petroleum Corporation (NNPC) and the Algerian NOC, Sonatrach, which has a combined share value of 90%, and the Republic of Niger. of the government, which would have the remaining 10%. With an estimated $13 billion investment to be spent in the Republic of Niger, and through which 841 km will be constructed, the pipeline is expected to boost the West African country's energy sector, which will enable it to monetize its vast natural gas. will allow to do. , resources and promote economic development. With the country's recoverable natural gas reserves of 24 billion cubic meters, the pipeline will allow the Republic of Niger to increase its domestic gas supply and expand its petrochemical sector, which serves to boost its agricultural industry, an important employer in the country. Will do , ,
As the voice of the African energy industry, the African Energy Chamber supports the development of energy-related projects on the continent. In positioning the Republic of Niger and the West African region to benefit from its abundant natural resources, the Trans-Saharan Natural Gas Pipeline will serve as a tremendous opportunity for public and private stakeholders across Africa, to help drive the continent's energy capacity can be made more convenient. industry. independently across the entire value chain.
NJ Ayuk, CEO of the African Chamber of Energy, says, “With developments like this, Africa is truly establishing itself to benefit from its own resources, without having to depend on other countries to develop its energy sector. Has been doing." Through investments in their own oil and gas industry, local companies will be able to drive project development and position the continent as a net exporter of hydrocarbons, making it vital for further developing the industry and stimulating African growth. Opportunities will arise. ,
With the aim of becoming a regional center for hydrocarbons, petrochemicals and related products, the Government of the Republic of Niger has stated its commitment to take advantage of the pipeline to boost the country's natural gas sector, with the goal that the region's hydrocarbon industry is its own It will account for about 35% of GDP, 45% of tax revenue and 68% of exports by 2025. The government will use the pipeline to facilitate the development of the skilled working class, so a minimum of 50% of all tech jobs in the energy industry will be filled by Nigerians over the next decade.
With about 8% of the world's natural gas reserves and relatively low domestic gas consumption, the African continent is seen as having considerable export potential and as a way for Europe to diversify its gas import supply. natural gas. Due to Algeria's strategic position along the Mediterranean coast, and through connections to existing pipelines - or already under construction - in Spain and Italy, the Trans-Saharan Natural Gas Pipeline serves as an option for additional long-term supplies to European countries. expected to do. Union (EU).
The main gas suppliers to the European Union are Norway, Great Britain, the Netherlands and Russia, with most of its gas supply coming from Russia, which currently accounts for about 38% of total natural gas imports to the continent. It is estimated that Russia could supply the EU up to 70% of its natural gas imports by 2050, with the Russian natural gas multinational Gazprom in talks with Nigeria for its potential participation in the Trans-Saharan natural gas pipeline.
Following the EU's announcement to label natural gas projects as "green" investments, the Trans-Saharan Natural Gas Pipeline was designed for the EU to not only diversify its energy mix, but to address the current energy crisis. is seen as an opportunity. of the continent. Rising natural gas prices compromising demand and supply.
As one of the most promising frontiers on the African continent for hydrocarbon exploration and development, and with one of the most stable democracies in the region, the Republic of Niger is poised to become a regional center for hydrocarbons, petrochemicals and gas. , in which the Trans-Saharan Natural Gas Pipeline serves to facilitate this development, improve the country's energy industry and promote socioeconomic development.