The Ministry of Petroleum of the Republic of Niger is proud to announce that the country has reached a new milestone in the further opening of the national and regional gas market through a multi-billion Trans-Saharan Gas Pipeline (TSGP) construction development. dollars together with Algeria and Nigeria.
HE Mahamane Sani Mahamadou, Minister of Petroleum of the Republic of Niger, met with HE Mohamed Arkab, Minister of Energy and Mines of Algeria, and HE Chief Timipre Sylva, Minister of State for Petroleum Resources of Nigeria, as well as with the Directors General of the Oil companies (NOC) of the three African countries met to discuss the implementation of the TSGP on June 20, 2022 in Abuja. During the meeting, which follows the signing of the ‘Niamey Declaration’ during the 3rd Forum of the Economic Community of West African States in February 2022, the parties established a working group and a roadmap for the development of the TSGP.
A Steering Committee made up of the three NOC Ministers and Directors General, established during the two-day meeting, will be responsible for updating the feasibility study for TSGP and will meet at the end of July 2022 in Algiers to discuss how to move forward. with the TSGP project. The Nigerien Ministry of Petroleum congratulates all parties for this significant step, considering both the establishment of the working group and the roadmap as key drivers to make the TSGP a reality.
With energy poverty on the rise across the African continent due to limited investments in energy projects, delays in exploration, production and infrastructure deployment, the COVID-19 pandemic and policies related to the global energy transition , the TSGP project will usher in a new era of energy reliability. for Africa With the 4,128 km pipeline stretching from Warri in Nigeria to Hassi R’Mel in Algeria via Niger, the pipeline will not only create a direct connection between Nigeria and Algeria‘s gas fields with European markets, but also which will bring significant benefits to Niger. With more than 34 billion cubic meters of gas, Niger, in its own right, has the potential to become a gas exporter, and with Europe expanding energy ties with Africa, the TSGP project will mark a new era of enhanced regional cooperation. in Africa, improving monetization and gas exports while increasing Niger’s exports to Europe through Algeria.
Meanwhile, with the pipeline moving forward, opportunities have arisen for the country to increase domestic gas use thanks to new reserves in Niger and Nigeria. With Niger seeking to improve access to electricity and ensure energy affordability through increased gas exploitation, the TSGP initiative will be a game changer. The pipeline will allow up to 30 billion cubic meters of natural gas to be traded per year, enhancing regional and international energy trade, allowing Niger to expand the role of natural gas in its energy mix and address energy poverty.
“The African Energy Chamber (AEC) commends the Algerian, Nigerian and Algerian energy ministers and heads of NOCs for their efforts to accelerate the development of the TSGP. The creation of a Steering Committee and a roadmap for TSGP, together with the recent signing of an agreement between APPO and Afreximbank for the creation of an African Energy Bank, is a great testimony of how Africa can improve cooperation and take advantage of national solutions to optimize your oil. and the gas market,” says Sebastian Wagner, CEO of the German-African Business Forum, adding that “what we want to see is African financiers coming together to support the launch of TSGP. Increased exploration, production and development of oil and gas assets is what will lift Africa out of energy poverty by 2030.” Wagner concluded
With gas emerging as the energy of the future, the TSGP project will play a critical role in positioning Niger, along with Algeria and Nigeria, at the forefront of the energy transition. The $13 billion project will not only drive socio-economic growth by unlocking massive investments throughout the energy sector, but will also help create jobs in various industries, including energy, petrochemicals and manufacturing, while optimizing production. of energy and positions Africa as a global energy hub. Niger’s energy market represents significant potential, and the development of the TSGP, made possible by achievements such as the establishment of the working group and roadmap, will be instrumental in helping the country unlock investment and drive multi-sector development. in 2022 and beyond.