9 Most Impressive Ongoing And Proposed Oil And Gas Pipeline Projects In Africa

9 Most Impressive Ongoing And Proposed Oil And Gas Pipeline Projects In Africa - Investment in Africa by country is at all-time high. The discoveries of oil and gas in various places Africa has necessitated the construction of huge pipeline projects across the continent. Though only currently producing four per cent of the world’s oil, the continent has huge untapped potential and plenty of natural resources to explore. It is estimated that, Africa is home to a proven gas reserves of nearly 500 trillion cubic feet. Africa currently enjoying a natural gas boom with the recent discoveries in Tanzania, Ghana, Mozambique, among others. However, moving this gas resource from production fields through pipelines and on to power generating plants appears viable only if pipelines are the most attractive option.

With the huge gas and gas discoveries in Africa in recent years, coupled with the growing middle class population, urbanization and increased household consumption, the energy demand across continent has tripled in the last few year. Several countries on the continent are in various stages of pipeline planning or construction projects, which seek to utilize this energy source, for the growing demand on the continent.

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