Europe's quest for new energy supplies is breathing fresh life into two of Africa's most ambitious gas infrastructure projects, with a combined value of roughly $38 billion.
The renewed interest centers on the proposed Nigeria-Morocco Atlantic Gas Pipeline, estimated at about $25 billion, and the Trans-Saharan Gas Pipeline linking Nigeria, Niger and Algeria, valued at roughly $13 billion.
Together, the projects could reshape Africa's role in global energy markets while strengthening Europe's efforts to diversify away from Russian and Middle Eastern gas supplies.
According to Bloomberg, Europe's energy concerns have intensified amid disruptions linked to the conflict in the Middle East, increasing the strategic importance of African gas exporters, particularly Nigeria and Algeria.
The publication noted that policymakers and investors are once again paying close attention to pipeline projects that had languished for years due to financing, political and security challenges.
