The Trans-Saharan gas pipeline is an estimated $13 billion project that could send up to 30 billion cubic metres a year of supplies to Europe.
According to Algeria's Ennahar TV, the pipeline is expected to span around 4,000 kilometers. It has been slated to start in Warri, Nigeria, and to end in Hassi R'Mel, Algeria, where it would connect to existing pipelines that run to Europe.
The idea was first proposed more than 40 years ago and an agreement signed between the countries in 2009, but progress stalled.
The three countries agreed in June to revive decades-old talks over the project, a potential opportunity for Europe to diversify its gas sources.
Minister Arkab told reporters after the signing ceremony that the three countries will continue talks to achieve the project as quickly as possible.
Algeria exported 54 billion cubic meters of gas in 2021, mainly to Italy and Spain.