Issue 419 - 10 Jul 2020
President Mohammadu Buhari officially flagged off the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project on30 June, marking the start of construction for Nigeria's largest gas pipeline development. The $2.8bn, 614km pipeline scheme will allow the injection of 2.2bcf/d of gas into the domestic power sector once two years of construction works are completed. Pointing to shifting global alignments, Nigerian National Petroleum Corporation (NNPC) aims to finalise Chinese state-backed loans for the AKK project in August.
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