The Federal Government is holding talks on a new ₦30 trillion ($20 billion) gas pipeline. This project will carry Nigerian gas to European markets.
Minister Ekperikpe Ekpo shared these details in London on Friday, March 20, 2026. The pipeline will travel through Chad and Libya to reach Italy.
It will eventually reach Sicily to serve the European market. “Nigeria is set for investors to take advantage of this natural gas,” Ekpo said.
He noted that new executive orders have created a great environment for business. Furthermore, the plan will transport 30 billion cubic metres of gas every year.
The NNPC is currently looking for credible partners to fund the work. Olalekan Ogunleye from NNPC said the company is ready for business.
“The NNPC’s strategy is firmly aligned with the president’s agenda,” Ogunleye noted. He added that they are currently removing bottlenecks for investors.
According to a report by BusinessDay, this pipeline will help Nigeria become a global energy leader. It will also reduce gas flaring across the country.
Driving Growth And Jobs
Roger Tamraz of Netoil Inc. is leading the project. He alleged that the pipeline is very profitable because European demand for gas is high.
Project Director Henry Erimodafe said the plan will create thousands of jobs. “It is a strategic win-win for everyone involved,” he stated.
Alain Bolo of Unicorn said the pipeline will help Nigeria dominate the market. Currently, the project is in the early stages of development.
This development matters because it will bring more ₦ into the national budget. It also strengthens ties between Nigeria and European nations.
By using our reserves, we can improve the lives of people in the region. This project will ensure long-term energy security for many countries.
Investors are now looking at the technical and legal steps needed to start. However, the government believes there are no obstacles to its success.
Rate, Like 👍, Comment 💬, Share this article, Follow us on our social media handles, and Submit your own story to get featured and earn rewards!
WhatsApp Channel
Telegram Channel
