FEDERAL GOVERNMENT MOVES TO EXPORT NIGERIAN GAS VIA TRANS-CONTINENTAL PIPELINE
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By: Fasasi Hammad
The Federal Government has intensified high-level discussions on a proposed $20 billion transcontinental gas pipeline aimed at channeling Nigeria’s abundant natural gas resources to European markets.
The initiative, which was the central focus of recent engagements in London, is expected to enhance energy security while generating long-term economic benefits for Nigeria.
In a statement on Friday, Ekperikpe Ekpo described the proposed pipeline as a transformative gas corridor, capable of transporting up to 30 billion cubic metres of gas annually from Nigeria’s southern reserves through Chad and Libya before extending subsea to Sicily, Italy and into the wider European market.
Ekpo, who participated in the talks alongside key industry stakeholders, called the discussions both timely and historic, emphasizing that Nigeria is positioning itself to attract significant investment into its gas sector.
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“Nigeria is ready for investors to take advantage of this natural gas. With the Petroleum Industry Act and the president’s executive directives for the petroleum sector, we have created an enabling environment to attract investment. We must be intentional in utilizing these resources to improve the lives of people in the region,” Ekpo said.
The minister added that, with adequate financial support, he sees no obstacles to bringing the project to fruition.
Olalekan Ogunleye, Executive Vice President at NNPC Limited, reiterated Nigeria’s policy alignment and readiness to attract investment, highlighting the company’s focus on unlocking value across the gas value chain.
“The NNPC, as Nigeria’s national oil company, has a comprehensive Gas Master Plan. The president’s gas-led initiatives are designed to drive investment across the sector. Our strategy aligns with this agenda, creating investable opportunities, removing bottlenecks, and partnering with credible investors. Simply put, NNPC is ready for business,” Ogunleye said.
Roger Tamraz, who is leading the project, described the pipeline as commercially viable and strategically critical to Europe’s energy future, citing strong market demand and available financing structures.
Alain Bolo highlighted the project’s potential to reduce gas flaring and position Nigeria as a major supplier to Europe. Meanwhile, Henry Erimodafe described it as a “strategic win-win” that could generate jobs, attract investments, and deliver long-term value.
Still at an early development stage, the pipeline is being advanced by a consortium of global industry players and will undergo comprehensive technical, commercial, and regulatory evaluations.
Stakeholders remain optimistic that the project could redefine Nigeria’s role in the global energy market while strengthening energy ties with Europe.
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