Asia-Pacific, Middle East, Europe lead construction plans

02/07/2005
Prospects for more oil and natural gas pipelines worldwide this year and in the future brightened as 2005 began, based on reports from the world's pipeline operating companies and data collected by Oil & Gas Journal.China's blazing economy, that so roiled raw material and hydrocarbon markets in 2004, will push activity in Asia-Pacific into high gear this year. And heightened natural gas demand in Europe lies behind a healthy increase in pipeline plans for that part of the world, as increased supplies of LNG and of Russian gas focus on markets in the UK, Germany, France, Italy, and Spain.By contrast, plans for the US and Canada continue to tail off, as shown by steady declines over...
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