Morocco-Nigeria Gas Pipeline: Rabat Seeks World Bank, US Exim Bank Funding

Morocco seeks $26 billion from World Bank and US Exim Bank for the Nigeria-Morocco gas pipeline project.

Morocco-Nigeria Gas Pipeline: Rabat Seeks World Bank, US Exim Bank Funding

Image: financialafrik.com

Morocco is seeking financial support from the World Bank and the U.S. Export-Import Bank (US Exim Bank) to mobilize $26 billion for the Nigeria-Morocco gas pipeline project, according to reports from Moroccan media on July 28, 2026. The pipeline, which would stretch approximately 5,600 kilometers across West Africa, aims to transport natural gas from Nigeria to Morocco and potentially to Europe.

The project, initially signed in 2016 between the Nigerian National Petroleum Corporation (NNPC) and Morocco's Office National des Hydrocarbures et des Mines (ONHYM), has faced delays due to funding challenges. The new funding request targets the World Bank and US Exim Bank to cover the estimated $26 billion cost, as confirmed by Moroccan energy officials.

If completed, the pipeline could supply gas to 15 West African countries, including Benin, Togo, Ghana, and Ivory Coast, and eventually connect to the Maghreb-Europe gas pipeline. However, no final investment decision has been announced, and the project remains in the feasibility study phase.

❓ Frequently Asked Questions

What is the Nigeria-Morocco gas pipeline?

It is a proposed 5,600 km pipeline to transport natural gas from Nigeria to Morocco, passing through 15 West African countries.

Why is Morocco seeking funding from the World Bank and US Exim Bank?

To mobilize $26 billion needed for the pipeline's construction, as the project has faced funding delays.

When was the pipeline project first announced?

The agreement was signed in 2016 between Nigeria's NNPC and Morocco's ONHYM.

📰 Source:
financialafrik.com →
Share: