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The Nigeria-Algeria Trans-Sahara Oil Pipeline Agreement Signed
27 July 2009
Lagos — Nigeria Ambassador to Algeria, Amb. Jeremiah Hassan, yesterday said the Nigeria/Niger/ Algeria Trans-Sahara Gas Pipeline agreement would boost the country's economy.
Hassan told the News Agency of Nigeria (NAN) in an interview in Algiers that the gas project would open business doors and create jobs for the youths. NAN recalls that a Memorandum of Understanding was signed in Nigeria two weeks ago on the project.
"The ambassador said the three countries had also entered into two other joint arrangements on Trans-Sahara Trade Routes and the Optic Fibre Telecommunications. Hassan described the Optic Fibre Telecommunications as a corridor that would allow free and faster communication among African countries without depending on the present cable connections in the Atlantic.
He said through the optic fibre, Africa countries would be able to directly connect among themselves, thus doing away with the current arrangement where all continental communications were channelled through their former colonial countries in Europe.
Hassan said: "The Trans-Sahara Gas Pipeline will carry our gas from Nigeria through Niger Republic to the European ports and that will be done using Algeria's already existing pipeline.
"This contract will allow us to link all the businessmen from these countries as well as Libya, Mali and other countries in this part of Africa.
"The Trans-Sahara gas agreement will reduce dependence on crude and devote attention to gas.
"The gas, which will be transported through the Algeria's pipeline to industries in those countries would be used in generating power for their machines."
Hassan said the gas pipeline project would also generate a lot of business activities and enough power that would boost other sectors of the Nigerian economy. He noted that rather than flaring gas daily in Nigeria, it could be used as an alternative source of energy to improve power generation in the country.
"With the new technology, people will no longer depend solely on fuel for power generation; gas is another source of energy that could be harnessed to generate our required power.
"There are technologies that if we used them plus other energy source from the thermal stations, we should be able to have enough power for the country," Hassan said.
He noted that the European Union (EU) was also ready to invest in the project, which was expected to commence soon as a way of diversifying its sources of gas.
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