Nigeria launches $2.9b gas pipeline project
Nigeria has flagged off the construction of its $2.8 billion first phase of natural gas pipeline project to supply gas to three electricity power stations and later to North Africa.
The 614 kilometres Ajaokuta-Kaduna-Kano (AKK) project will be done on a build-and-transfer Public-Private Partnership (PPP) basis.
According to President Muhammadu Buhari, the Trans-Nigeria Gas Pipeline project—traversing the states of Kogi, Niger, Federal Capital Territory (FCT), Kaduna and Kano states—is dear to the people and “it must succeed.”
When completed, the pipeline is expected to transport 3,500 million metric standard cubic feet per day of dehydrated gas from several gas gathering projects located in southern Nigeria.
The construction of the pipeline has been awarded to Messrs Oilserv/China First Highway Engineering Company.
The first phase of the project is expected to be completed within a 24-month timeline.
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