Oil and Gas Production Market 2016 Is Expected to Reach US $153.5 Billion by 2020
In Sub-Saharan Africa, 43 key planned projects are expected to start operations by 2025. These planned projects are expected to contribute 1,113 thousand barrels of oil per day to global crude production and 7.7 billion cubic feet per day to global gas production in 2025. A proposed capex of US$153.5 billion is expected to be spent during 2016 to 2025 period in bringing these key planned projects online. Nigeria leads the region with highest number of planned projects. Total S.A....
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