African gas pipeline projects revived due to European gas crisis - News Summed Up

African gas pipeline projects revived due to European gas crisis


A mounting gas crisis in Europe caused by Russia’s decision to reduce flows, as it faces Western sanctions for invading Ukraine, has revived several African gas pipeline projects with the potential to make up the difference. A lot of European countries are asking for alternative gas supply from us in Africa,” Nigeria’s Sylva said after the meeting. Interest in the project has suddenly been revived as Russia is clearly being pushed out of the European gas market, where demand for gas has sky-rocketed. One of the most ambitious projects is the Gaz Maghreb-Europe (GME) pipeline that would run through 13 northern African countries and connect with Spain and beyond. They are very desirous to invest in this project and there are lots of other people who are also desirous to invest in the project,” Sylva said.


Source: The North Africa Journal June 23, 2022 15:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */