The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced that it will contribute $14.3 million to Phase II of the feasibility study for the Nigeria-Morocco Gas Pipeline estimated at $25 billion.
To be directly financed by the OPEC Fund for International Development (IFID), the intervention, OPEC says the project is meant to support the Moroccan government’s national development strategy aimed at transitioning to a low-carbon energy system and also help Nigeria's competitiveness
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