From 24 to 26 October, the Moroccan city of Marrakech will host the 3rd Oil and Gas Summit, an energy-focused event. This meeting, supported by the Moroccan Office of Hydrocarbons and Mines (ONHYM), has been organised by the world's leading energy investment platform IN-VR.
"After two sold-out editions, the official Morocco Oil and Gas Summit returns for its third edition to focus on opportunities, developments and projects in Morocco and West Africa," IN-VR said in a statement.
As reported by Morocco World News, the summit is expected to bring together 35 executives from different West African companies and governments, as well as investors to address a wide range of energy-related issues on the continent, including the Nigeria-Morocco gas pipeline.
This pipeline is a landmark project for both countries, the Kingdom, for example, will host 1,672 kilometres of pipeline. However, in addition to Morocco and Nigeria, 11 other nations along the Atlantic coast will participate in this initiative that will benefit more than 400 million people in West Africa.
The potential of the pipeline has been regularly highlighted in the local and international media. This growing global interest in the Morocco-Nigeria project comes amidst the repercussions of the war in Ukraine, which has significantly affected energy markets around the world.
Morocco's King Mohammed VI himself highlighted the relevance of the pipeline during the commemoration of the 46th anniversary of the Green March on 6 November last year. In the speech, the monarch underlined his desire for the strategic project to benefit the whole of West Africa.
As ONHYM stated in a press release, the Nigeria-Morocco gas pipeline is among the "most awaited projects in Africa". For this reason, the Moroccan body will welcome "a significant number of African ministries and organisations to the African Regional Cooperation Roundtable, while organising a series of networking events over two full days with the presence of the country's project owners, such as Chariot Energy Group", according to the statement.
In addition to the pipeline, another key theme of the summit will be energy and production opportunities in the Moroccan energy sector, as well as in the country's hydrocarbon sector and regions. Many European countries have become aware of the energy potential of the Kingdom, which is emerging as a key partner for the Old Continent in this area.
The event will provide participants with access to meetings with different operators in the sector, including ONHYM, African ministries, as well as Moroccan organisations involved in the energy sector. It will also be an ideal meeting to establish contacts and participate in round table discussions.