African Atlantic Gas Pipeline Advances Toward Agreement as MSGBC 2026 Puts Gas Corridor in Focus
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As the African Atlantic Gas Pipeline (AAGP) advances toward a formal intergovernmental agreement and the establishment of a dedicated project company, MSGBC Oil, Gas & Power 2026 will provide a central platform for governments, operators and financiers to assess how the proposed corridor could reshape gas commercialization across West Africa.
Nigeria and Morocco are targeting signature of the agreement in the fourth quarter of 2026, with the deal expected to be formalized at head-of-state level between President Bola Tinubu and King Mohammed VI.
Against this backdrop, MSGBC Oil, Gas & Power 2026, taking place December 1–3 in Dakar, will host discussions directly focused on the commercial, investment and policy implications of emerging regional gas infrastructure such as the AAGP. The CEO Regional Leadership Panel, Is MSGBC the Next Global Gas Hotspot?, will examine the investment drivers shaping gas development, while highlighting how basin-scale infrastructure can enhance competitiveness and unlock new monetization pathways. A dedicated session on Gas as the Engine of Regional Transformation will further explore how cross-border gas markets, transmission corridors and gas-to-power industrialization strategies are taking shape across MSGBC states.
The AAGP would span approximately 6,900 km along the West African coast from Nigeria to Morocco, with a planned capacity of up to 30 billion cubic meters per year. Its first phase would connect Morocco to offshore gas fields in Mauritania and Senegal, drawing on the same basin that feeds the Greater Tortue Ahmeyim LNG project. The pipeline is designed for phased development, with segments capable of operating independently, and first gas from the initial phase targeted for 2031. Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and the Nigerian National Petroleum Company have completed feasibility and front-end engineering design studies and are expected to jointly oversee the project company.
The approximately $25 billion project has attracted interest from multilateral and sovereign financiers. Moroccan Energy Minister Leila Benali has indicated that the United Arab Emirates, the European Investment Bank, the Islamic Development Bank and the OPEC Fund are expected to contribute, with some already supporting engineering studies. In May 2026, ONHYM officials also engaged US institutions including the US International Development Finance Corporation. While no final financing commitments have been secured, the project is expected to rely on a blended mix of equity and debt financing.
For MSGBC producers, the corridor could complement existing LNG developments and domestic gas-to-power strategies, particularly in Mauritania, where it aligns with the BirAllah development and broader IPP-led expansion. The route also passes through The Gambia, Guinea-Bissau and Guinea, all among the 13 participating states, and could extend inland to supply Mali, Niger and Burkina Faso. Backed by ECOWAS, the project is designed to enhance regional energy integration, industrial development and electricity access across West Africa.
With an intergovernmental agreement now moving closer to conclusion, MSGBC Oil, Gas & Power 2026 is positioned as the primary forum where stakeholders can assess how the AAGP will be structured, financed and phased into operation. Discussions will focus on how to translate a landmark infrastructure proposal into a bankable, coordinated regional gas corridor capable of supporting long-term industrialization and energy security across the basin.
Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region's oil, gas and power sectors. Visit www.msgbcoilgasandpower.com to secure your participation at the MSGBC Oil, Gas & Power 2026 conference, December 1-3 in Dakar. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.