Morocco seeks $26 billion for atlantic gas pipeline project
The Moroccan government is accelerating efforts to secure the necessary funding for the Atlantic African Gas Pipeline (GAA), a joint venture with Nigeria. With a total estimated cost of $26 billion, Rabat is actively engaging with the Export-Import Bank of the United States (US Exim Bank) and the World Bank to finalize financial commitments for this ambitious transnational energy project.
According to Youssef Amrani, Morocco’s ambassador to the United States, discussions are underway to secure loans and guarantees that will enable the pipeline’s construction. The proposed route spans multiple West African countries, with the primary goal of transporting Nigerian natural gas to regional markets while fostering economic integration and energy security across the continent.
The pipeline is expected to enhance energy accessibility for countries along its path, including Mauritania, Senegal, Gambia, Guinea-Bissau, Guinea, Sierra Leone, Liberia, Ghana, and Morocco, ultimately connecting to Europe. Officials highlight that the project aligns with broader efforts to diversify energy sources and reduce reliance on fossil fuel imports.
The initiative comes as part of Morocco’s long-term strategy to position itself as a key energy hub in North Africa and the Sahel. While the financial negotiations are still in progress, the government remains confident in securing the required funding to advance this landmark infrastructure venture.