This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press
The director general of the National Office of Hydrocarbons and Minerals, Amina Benkhadra, in Washington, examined the significant progress made in the completion of the African project of the Atlantic gas tube, during a meeting organized on Wednesday the reflection center (Atlantic Counts).
During this meeting held on the sidelines of his participation in the “Tamkeen Africa Summit”, the eminent event on the energy partnership between the United States and Africa (March 6 and 7), Ms. Benkhadra confirmed that this important project which emanates from the vision of His Majesty King Mohammed VI and the President of Nigeria, has reached a decisive stadium in terms of investment.
The director general of the National Office of Hydrocarbons and Minerals underlined a presentation before diplomats, experts in the energy field, representatives of the private sector and donors, the importance of this infrastructure to achieve energy security in West Africa, Europe and the space of the Atlantic Ocean.
She stressed that this initiative, which is part of the dynamism of regional cooperation and sustainable development, seeks to meet the challenges that the continent is confronted in the field of energy and to consolidate the economic ties between the countries through which the project passes.
He said that the project completion has reduced the advanced stages, explaining that the final investment decision is progressing with the expected progressive operation from the first parts from the year 2029.
In this regard, she highlighted the importance of strategic partnerships, recording discussions with the main international players, including Americans and financial institutions, with the aim of ensuring the economic and technical sustainability of the project.
The director general of the National Office of Hydrocarbons and Minerals noticed that the Tube of Tube of the African Atlantic, as well as an energy Paris, is an important socio-economic impact. Like this project, which lasts more than six thousand kilometers long, aims to provide approximately 400 million people, to help improve electrical services at the continental level, especially since the arrival of certain countries with energy remains limited to 40%.
In addition to energy supply, this infrastructure represents a lever for industrial development and facilitates the emergence of new poles for the production and stimulation of local economies.
He examined green compatibility between the African Atlantic gas tube line and the basic mineral sector, which will directly benefit from improving access to energy, then improving the exploitation and transfer of natural resources.
Morocco’s ambassador to Washington, Youssef Al-Amrani, began the discussion session by presenting the geopolitical context for the pipeline project, especially since energy bets are welcomed by a central space within the American agenda.
He stressed that this huge project is fully based on the strategic vision that His Majesty King Mohammed VI is asking and is a basic pillar of Atlantic Royal Initiative. He said this informed approach aspires to improve the economic integration of the African continent and develop its networks for energy connection with the world, which contributes to preparing the way for full growth and sustainable development.
The ambassador approached the need to accelerate the pace of international cooperation, to underline the need to mobilize funding and to monitor the pace of the future stages of the project, and to enhance the advantages of the growing interest manifested by international partners.
This strategic meeting, organized by the first American research center, aroused great interest in participants, highlighting the important position of the African Atlantic Tube of gas in the continent’s energy future, and its structural role in global cooperation in the energy field.
AL -AMRANI added that Morocco is renewing, through this project, to confirm its commitment to improve the integration of the African continent and to achieve its sovereignty in terms of energy.
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