- What you need to know
- Understand and assess your competitor’s planned pipelines, proposed lengths and capital expenditure and see where your opportunities lie.
- Utilize GlobalData’s data and up to date information available on planned major, trunk oil and gas pipelines.
- Strengthen your business strategies with GlobalData’s invaluable insight about planned pipelines in the world.
- Determine where the growth segments are in the global pipeline industry and use them to your advantage.
- Stay up to date of key global pipelines that may be affecting your strategy.
How is the outlook of planned pipelines across the globe going to look in the next 4 years?
Asia leads in terms of oil and gas pipeline length additions globally, with a total pipeline length of around 71,000 km. The region is expected to have capital expenditure (capex) of nearly US$99 billion by 2022.
Whereas North America will be second in total pipeline length with just over 55,000 km. It will however, lead in terms of capex with over US$160 billion to be invested over the next four years.
According to GlobalData high demand for oil and gas is the primary driver for the growth of pipelines network in Asia. Burgeoning population, rapid industrialization and urbanzation are some of the major drivers for oil and gas demand in the region.
The US, India, Russia, Iran and China, together, will add around 1117,000 km, which will constitute around 50% of the total trunk oil and gas pipeline length additions of around 13,700 km and 13,500 km respectively.
What does this mean for your business? Find out with our Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines report and determine where your opportunities lie and whether there is room for growth in the future.