Changing Ownership Structure of Africa's Pipeline Companies

摘要

(PGJ) - Recent buying and selling of upstream oil and gas assets in Africa has opened new growth opportunities for the region's pipeline market as new players make entry into the management and ownership structure of existing pipeline () operating companies. The development of assets in the continent has been closely tied to the construction and operations of pipeline transportation systems in the evacuation of natural gas, crude oil either to processing plants or ports destined for the export market. The potential for further licensing and development of oil and natural gas resources is still huge in Africa as only a fraction of region's proven 125.3 barrels of oil and 625.6 Tcf of natural gas has been commercialized. Existing pipeline systems would have to be modernized or additional pipeline networks constructed in tandem with the exploration and production of this huge oil and gas resource.