Group Managing Director, NNPC, Maikanti Baru, made this known while receiving the National Coordinator of the New Partnership for African Development (NEPAD-Nigeria), Ms.Gloria Akobundu on Thursday.
According to Baru, the $12 billion Trans Saharan Gas Pipeline is a 4,401 kilometres natural gas project to be constructed from Nigeria, starting from Warri, Delta State, to Algeria via Niger Republic, and from Algeria to Spain.
It was conceived under the NEPAD Initiative championed by former President Olusegun Obasanjo, Thabo Mbeki of South Africa, Abdoulazeez Boutaflika of Algeria and Abdoulaye Wade of Senegal.
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The proposed gas pipeline which will be built through a partnership between the NNPC and Algeria’s Sonatrach, would stretch 1,037 kilometres from Nigeria to the Niger border, 841 kilometres from Niger to Algeria, 2,303 kilometres across Algeria and 220 kilometres from Algeria to Spain and would have an estimated annual capacity of 30 billion cubic litres of natural gas.