Asia leads global new-build trunk/transmission petroleum products pipeline length additions by 2023

Asia is expected to lead global new-build trunk/transmission petroleum product pipeline length additions, contributing around 59% of planned and announced pipeline length additions between 2019 and 2023, says GlobalData, a leading data, and analytics company.

The company’s report, ‘Global Petroleum Products Pipelines Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Petroleum Products Pipelines’, reveals that Asia is expected to have 35 new-build trunk/transmission petroleum products pipelines with a total length of 12,076.2km by 2023. Of these, 22 are planned pipelines with identified development plans and 13 are early-stage announced pipelines that are undergoing conceptual studies and are expected to get approval for development.

Varun Ette, Oil and Gas Analyst at GlobalData, comments: “In Asia, the Paradip–Hyderabad pipeline in India is the longest upcoming product pipeline with a length of 1,212km. Indian Oil Corp is the proposed operator of the pipeline, which is expected to start operations in 2021.”

IMAGE Available: New-build petroleum pipeline length additions by region (km), 2019-2023

GlobalData identifies the Middle East as the second highest region globally, in terms of trunk/transmission product pipeline additions by 2023. In the Middle East, 11 new-build petroleum products pipelines are expected to start operations with a total length of 3,483.2km. Abadan–Rey is the longest petroleum products pipeline in the region, which is expected to start operations in 2020 with a length of 920km.

Ette concludes: “Followed by the Middle East, Africa stands third globally with 3,084.6 km of new-build petroleum product pipeline length additions planned by 2023 from six upcoming pipelines. Zinder–Torodi is the major upcoming petroleum products pipeline with a proposed length of 1,070km, and is slated to begin operations in 2023.”

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