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Energy expert urges commercial review of $27 billion African Atlantic Gas Pipeline

Abdulkareem Mojeed· ·6 min read · 0 reactions · 0 comments · 8 views
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Energy expert urges commercial review of $27 billion African Atlantic Gas Pipeline
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Add us on Google Energy expert Dan Kunle has formally urged President Bola Tinubu to suspend further commitments to the proposed $27 billion (approximately ₦43.2 trillion) African Atlantic Gas Pipeline. Mr Kunle argues that the project currently lacks sufficient commercial justification and risks becoming a costly national asset with limited economic returns. Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

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Premium Times · Abdulkareem Mojeed
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Add us on Google Energy expert Dan Kunle has formally urged President Bola Tinubu to suspend further commitments to the proposed $27 billion (approximately ₦43.2 trillion) African Atlantic Gas Pipeline. Mr Kunle argues that the project currently lacks sufficient commercial justification and risks becoming a costly national asset with limited economic returns. Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp 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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