By Harry Awurumibe, Editor Abuja Bureau
The Minister of State, Petroleum Resources, Timipriye Sylva has revealed that the Federal Executive Council (FEC) has approved for the Nigeria National Petroleum Company (NNPC) Limited to execute a Memorandum of Understanding (MOU) with ECOWAS for the construction of the Nigeria, Morocco gas pipeline which will to take gas to 15 West African countries and to Morocco and through Morocco to Spain and Europe.
Speaking to State House Correspondents after the weekly FEC meeting at Presidential Villa, Abuja, the minister also said
Council approved the construction of a switchgear room, for the Nigeria oil and gas park in Ogbehia Bayelsa state in the sum of N3.8 billion. this park is to support local manufacturing of components for the oil and gas industry.
Said he: “Today, the Ministry of Petroleum Resources presented three memos to council. The first memo council approved for the NNPC limited to execute a Memorandum of Understanding with ECOWAS for the construction of the Nigeria, Morocco gas pipeline, this pipeline is to take gas to 15 West African countries and to Morocco and through Morocco to Spain and Europe”.
According to him: “Council also approved the construction of a switchgear room, an installation of power distribution cables and equipment for the Nigeria oil and gas park in Ogbehia Bayelsa state in the sum of N3.8 billion. this park is to support local manufacturing of components for the oil and gas industry”.
“Council also approved various contracts for the construction of an access road with bridges to the brass petroleum product depot in Nibomoyekiri in brass local government in the sum of N11 billion plus 7.5% VAT”.
