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While the upturn in crude oil prices, recovering oil demand and a surge in natural gas development for power generation will drive pipeline construction globally in the next few years, development of new pipelines in North America will be relatively subdued, says the report by Westwood Global Energy Group analysts Ben Wilby and Arindam Das.
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Try refreshing your browser. North America about to turn into a graveyard of mega pipeline projects Back to video
Globally, pipelines planned and spending on pipeline construction is set to rise US$45 billion in 2021, 10 per cent more than 2020, but still lower than the near-US$60 billion spent in 2019, according to the London, U.K.-based consultancy.
Everything you need to know before taking a road trip to Canada
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Everything you need to know before taking a road trip to Canada
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.