Friday July 3, 03:51 PM
Nigeria, Algeria, Niger seal gas pipeline deal
ABUJA (AFP) - Three African countries on Friday signed an accord to build a 10-billion-dollar trans-Saharan gas pipeline linking vast reserves in Nigeria to Europe.
The project will convey gas destined for the European market more than 4,000 kilometres (2,485 miles) from the Niger Delta in Nigeria, via Niger and Algeria.
The accord "gives this project the official stamp of approval from the three governments, directing the national oil companies of these three countries to begin in earnest the definitional phase of this project," head of Nigeria's state oil company, Mohammed Barkindo said.
Petroleum and Energy ministers from the three countries -- Rilwan Lukman of Nigeria, Chakib Khalib of Algeria and Mohammed Abdullahi of Niger -- signed the agreement in Abuja.
The first delivery of gas is scheduled in 2015.
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