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Moroccan authorities and the OPEC Fund for International
Development (OFID) signed the document on $14.3 mln funding for the
second phase of the Nigeria-Morocco Gas Pipeline (NMGP) project,
Maghreb Arabe Presse (MAP) news agency reported, Trend reports citing TASS.
The study co-funded by the Islamic Development Bank comprises
preparation of documents for the implementation of the NMGP project
and completion of the related technical, financial and legal
analysis, the news agency said.
“The project is intended to be a catalyst for the economic
development of the North-West African region,” MAP said. The gas
pipeline is expected to be laid in the Atlantic along the West
African coast.
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