Energy expert urges commercial review of $27 billion African Atlantic Gas Pipeline
His warning follows the unanimous endorsement of the African Atlantic Gas Pipeline project by Economic Community of West African States (ECOWAS) member states on 19 July, after the signing of an Intergovernmental Agreement (IGA) in Lungi, Sierra Leone.
Recommendation to the Presidency READ ALSO: Tinubu’s aide emerges ADVAN President as association elects new exco at AGM Mr Kunle urged President Tinubu to direct the Presidential Petroleum Reform and Value Optimisation Taskforce, chaired by Mr Fola Adeola, to conduct an independent commercial, financial, and strategic review of the pipeline project.
In an open letter addressed to the President dated 23 July—his third such correspondence within three weeks—Mr Kunle stated that Nigeria must prioritise domestic gas utilisation over ambitious regional export projects until critical questions regarding supply, financing, and market demand are definitively resolved.
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