Africa to add 6,916 km of planned crude oil pipelines by 2022, says GlobalDataCreated: Wednesday, 05 September 2018 05:00By 2022, Africa is set to add the second highest trunk pipeline length to the global crude oil pipelines industry. The company’s report ‘Global Crude Oil Pipelines Industry Outlook to 2022’ forecasts that around 36,876 km of planned pipeline length will be added globally by 2022, taking the total global crude oil pipeline length to 398,769 km by 2022. GlobalData further identifies Africa as the third highest for spending on planned pipelines in the global crude oil pipelines industry to 2022, with an estimated capex of US$13.7bn. Tejomoortula added, “Africa is expanding its crude oil pipeline network for domestic consumption as well as for exports. The region is expected to add about 5,655 km of planned oil pipelines with an estimated capex of US$21.6bn spent between 2018 and 2022.

Source: The North Africa Journal September 05, 2018 05:37 UTC