The AfDB Board approved a $2.4 billion infrastructure financing package in support of Trans-Saharan corridor preliminary works — the Bank's largest single energy infrastructure commitment to date.
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All Insights →Iran is advancing plans for a major natural gas pipeline capable of importing 110 bcm of Russian gas annually. The project, expected to begin with an initial 55 bcm capacity, could reshape regional gas transportation and strengthen energy cooperation between Russia, Iran and Azerbaijan.
Nigeria's NNPC is seeking international investors for the $25–26 billion African Atlantic Gas Pipeline, a proposed 6,800-kilometre network designed to transport natural gas from Nigeria through West Africa to Morocco and European markets.
Saudi Aramco has commenced preliminary engineering work to expand its East-West Pipeline capacity from 7 million to 10 million barrels per day. The expansion is expected to strengthen Saudi Arabia's alternative oil export routes amid disruptions around the Strait of Hormuz.
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