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Trans-Saharan Pipeline: Africa's Battle Against Western Greed
Trans-Saharan Pipeline: Africa's Battle Against Western Greed
Sputnik Africa
The Trans-Saharan gas pipeline, a major infrastructure initiative, aims to transport natural gas from Nigeria through Niger to Algeria. This ambitious project... 07.09.2024, Sputnik Africa
2024-09-07T14:00+0200
2024-09-07T14:00+0200
2024-09-07T14:00+0200
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Trans-Saharan Pipeline: Africa's Battle Against Western Greed
Sputnik Africa
The Trans-Saharan gas pipeline, a major infrastructure initiative, aims to transport natural gas from Nigeria through Niger to Algeria. This ambitious project is set to enhance energy security, and foster regional cooperation. Global South Pole's host joins an expert to discuss the prospects and challenges to the completion of this project.
The Trans-Saharan gas pipeline has been in development for several decades. However, a key challenge for the project is the absence of a clear economic framework to demonstrate its financial viability, Vsevolod Sviridov, Deputy Director Center for African Studies, HSE, Moscow, tells Global South Pole. Sviridov attributes this uncertainty to the fact that Nigerian gas, the primary resource for the project, is still largely controlled by long-established Western oil companies that have been operating in the country since colonial times.The expert further asserts that there is a narrative created and sponsored by the West that in Africa “there is no potential for big local markets.” However, he believes this project has a lot to offer the continent in terms of trade and regional cooperation. To find out what else our guests had to say, tune in to the Global South Pole podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Apple Podcasts, Spotify, Deezer, Castbox, Pocket Casts, Afripods, Podcast Addict, and Overcast.► Check out all the episodes of Global South Pole.
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podcasts, gas, liquefied natural gas (lng), gas pipeline, sub-saharan africa, morocco, algeria, niger, nigeria, west, china, russia, world bank, new development bank (ndb), monopoly, construction, аудио
podcasts, gas, liquefied natural gas (lng), gas pipeline, sub-saharan africa, morocco, algeria, niger, nigeria, west, china, russia, world bank, new development bank (ndb), monopoly, construction, аудио
Trans-Saharan Pipeline: Africa's Battle Against Western Greed
The Trans-Saharan gas pipeline, a major infrastructure initiative, aims to transport natural gas from Nigeria through Niger to Algeria. This ambitious project is set to enhance energy security and foster regional cooperation. Global South Pole's host joins an expert to discuss the prospects and challenges of completing this project.
The Trans-Saharan gas pipeline has been in development for several decades. However, a key challenge for the project is the absence of a clear economic framework to demonstrate its financial viability, Vsevolod Sviridov, Deputy Director Center for African Studies, HSE, Moscow, tells Global South Pole.
Sviridov attributes this uncertainty to the fact that Nigerian gas, the primary resource for the project, is still largely controlled by long-established Western oil companies that have been operating in the country since colonial times.
“These companies and their respective countries are interested in exporting gas from Nigeria by liquefied natural gas [LNG]. It's when natural gas is frozen and gas turns into liquid and then transported by ships to Europe, Asia, Latin America, and other countries. And they are not interested in this gas being injected into the pipeline,” he says.
The expert further asserts that there is a narrative created and sponsored by the West that in Africa “there is no potential for big local markets.” However, he believes this project has a lot to offer the continent in terms of trade and regional cooperation.
“If this project could develop regional market in northern Nigeria, in Niger, South Algeria, this could showcase the potential that the role of Africa in global energy markets, the role of African markets themselves are growing and they are self-sufficient. So there is no need to export; there is a need to invest in local consumption. So this project would be a role model here,” Sviridov ponders.
To find out what else our guests had to say, tune in to the Global South Pole podcast, brought to you by Sputnik Africa.
In addition to the website, you can also catch our episodes on
Telegram.► Check out all the episodes of Global South Pole.