The governments of Nigeria, Niger, and Algeria have signed a Memorandum of Understanding (MoU) aimed at fast-tracking the long-delayed Trans-Saharan Gas Pipeline (TSGP) project.
The agreement was sealed during a tripartite meeting attended by representatives from the three countries, where they received an update on the feasibility study and established non-disclosure agreements among their state energy companies.
Algerian Energy Minister Mohamed Arkab stated that the feasibility update would outline the necessary resources and strategies to accelerate the project at competitive costs.
Initially announced in 2009, the TSGP is a 4,128-kilometre pipeline designed to transport billions of cubic metres of natural gas from Nigeria through Niger to Algeria.
Once in Algeria, the gas could be pumped to Europe via the undersea Transmed pipeline to Italy or exported globally as liquefied natural gas (LNG).
No revised cost estimate was provided, although the project was initially valued at $10 billion. The urgency of the project has increased due to the surge in global gas demand and soaring prices following Russia’s invasion of Ukraine in February 2022.