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Published in:
2013 | OriginalPaper | Chapter
Introduction
Author : Ekpen James Omonbude
Published in: Cross-border Oil and Gas Pipelines and the Role of the Transit Country: Economics, Challenges, and Solutions
Publisher: Palgrave Macmillan UK
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The past two decades have witnessed a significant increase in cross-border trade in oil and gas. It is anticipated that there will be an increase in the number of oil and gas pipelines as a result of the discovery of reserves in remote and land-locked locations and the depletion of reserves close to established markets. A number of problems arise from crossborder oil and gas transportation via pipeline. These problems are more acute in the case of pipelines passing through a transit country. Present and future pipelines face the risk of continuous conflict over legal, economic, and political issues. This book analyses cross-border oil and gas pipelines involving transit countries, with a view to addressing the problem of pipeline disruptions by the transit country. It focuses on the behaviour of the transit country prior to the commencement of operation of the pipeline and on how that behaviour changes after the pipeline has been built and put into operation.