HomeMagazine2016March 2016, Vol. 243, No. 3$6 Billion Pipeline To Provide Natural Gas To This Emerging Market

March 2016, Vol. 243, No. 3

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$6 Billion Pipeline To Provide Natural Gas To This Emerging Market

There has been a major deal announced this week in one of the world’s most critical developing natural gas regions: Eastern Africa. That area has been the site of a number of major natural gas discoveries recently, particularly in the offshore of Mozambique — with spots like Kenya and Tanzania also seeing a growing level of activity. But the market for this gas has been a major question hanging over development here, with developers largely focusing on complex and expensive plans for LNG shipments out of the region. That could change, however. With a consortium of big backers this week signing a cooperation agreement for an onshore pipeline to send Mozambique natgas south to the major mark

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