L-R: Algerian Minister of Energy and Mines Mohamed Arkab, Minister of State Petroleum Resources Chief Timipre Sylva and Nigerien Minister of Petroleum Mohamane Mahamadou, at a meeting of the reactivation of the Trans-Saharan Gas Pipeline Project in Abuja, on Monday
According to the minister, it will bring their huge gas resources closer to the European market, especially with the high cost of gas occasioned by the war between Russia and Ukraine. “I believe that it is a very good time for us to take advantage of very high gas prices globally,” he. Mahamane underscored the need to get the project going, saying it would promote regional cooperation as well as earn revenue for the countries.
Highlighting the progress made by the countries, he said declaration had been signed by the three parties and the roadmap agreed on.