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H1 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines - Natural Gas Pipelines Take Lead in New-Build Projects

H1 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines - Natural Gas Pipelines Take Lead in New-Build Projects

  • June 2019
  • 48 pages
  • ID: 5790677
  • Format: PDF
  • By GlobalData

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H1 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines - Natural Gas Pipelines Take Lead in New-Build Projects

Summary
The global Trunk Oil and Gas Pipelines industry is expected to grow by 13.4% in terms of length by 2023. The US is expected to add the highest trunk pipeline length in the global oil and gas pipelines industry between 2019 and 2023, contributing a total length of 45,420km, which will account for around 18% of the total pipeline length additions from planned and announced (new-build) projects. Booming unconventional oil and gas production is primarily driving the pipelines industry growth in the US.

Of the pipelines length additions from new-build projects in the US by 2023, 18,383km is expected to come online from planned projects that have received approvals for development, while the remaining total, 27,037km is from early-stage, announced projects. More than 100 new-build trunk pipelines are expected to be added in the country’s pipelines network by 2023.

Express Platte Twin Expansion is expected to be the longest pipeline project in the US between 2019 and 2023.This announced crude oil pipeline, with a length of 1,560km, is expected to start at Guernsey, Wyoming, and end at Patoka, Illinois.

The pipeline has an expected capacity of 400 thousand barrels of oil per day (mbd).

After the US, India and Russia are second and third highest globally in terms of new-build pipeline length additions by 2023. India is expected to bring online 34,384km of new-build pipelines, while Russia has plans to make 20,654km of pipelines operational by 2023.

Scope
- Up to date major, trunk oil and gas pipelines length data by major regions globally, outlook of the planned and announced pipeline length up to 2023
- Annual breakdown of new-build capex on planned and announced pipelines by major regions globally for the period 2019 to 2023
- New-build pipeline length and capital expenditure by key countries and companies globally
- Regional new-build capex outlook for planned and announced pipelines by key countries and companies
- Details of major new-build pipelines expected to start operations over the next four years by commodity (crude oil, natural gas, NGL and petroleum product pipelines)

Reasons to buy
- Obtain the most up to date information available on planned and announced major, trunk oil and gas pipelines globally
- Assess your competitor’s planned and announced pipelines, proposed lengths and capital expenditure
- Identify growth segments and opportunities in the global pipeline industry
- Keep abreast of key global planned and announced pipelines
- Facilitate decision making on the basis of strong planned and announced pipeline data
- Develop business strategies with the help of specific insights about planned and announced pipelines in the world

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