ONHYM is Morocco’s state hydrocarbons and mines authority — national partner in the Africa-Atlantic Gas Pipeline (AAGP) project alongside NNPC. ONHYM officials visited the US in May 2026 seeking DFC financing for the $25bn Moroccan pipeline segment. IGA signing with Nigeria targeted Q4 2026.
Company Profile
Key Developments
AAGP: ONHYM and NNPC are joint project sponsors for the 6,900km pipeline ($25bn Moroccan segment). ONHYM visited US seeking DFC financing (May 2026). IGA signing with Nigeria targeted Q4 2026. Also manages Morocco's mineral licensing and upstream oil exploration.
Key Risks
AAGP depends on gas supply through 13 transit countries. Algeria's competing Trans-Saharan pipeline (under construction) reduces urgency of AAGP.
What Happens Next
IGA signing between Morocco and Nigeria (Q4 2026) — definitive commercial confirmation of AAGP.