Morocco and its partners are seeking private and multilateral financing for the $25 billion African Atlantic Gas Pipeline as they target a final investment decision in the fourth quarter of 2026.
Foreign Minister Nasser Bourita presented the project at a Sept. 23 meeting co-hosted by Morocco and the United Nations Development Programme in New York, where he called for greater financing for African infrastructure. No new funding commitment for the pipeline was announced at the meeting.
Morocco is separately exploring potential support from the U.S. Export-Import Bank and the World Bank as it works to secure financing for the project, which has faced delays to its investment timeline.
The pipeline is expected to stretch about 6,800 kilometers through 13 countries from Nigeria to Morocco and carry up to 30 billion cubic meters of natural gas annually. If financing is secured and the current schedule holds, construction could begin in 2028, with first gas targeted for 2031.
The project is being developed in stages, with initial sections expected to connect Morocco with gas resources in Mauritania and Senegal before the full corridor reaches Nigerian gas fields.
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