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Global Capacity and Capital Expenditure Outlook for Gas Processing Plants, 2022 – 2026

The global gas processing capacity is 630.2 billion cubic feet per day (bcfd) in 2022. The capacity is expected to grow by around 7% during the forecast period. A total of 11 new projects have been announced globally and 149 new build (announced and planned) gas processing plants are expected to commence operations during the period 2022 to 2026. North America leads globally with 56 new build plants.

Overview of global capacity and capital expenditure for gas processing plants

Overview of global capacity and capital expenditure for gas processing plants

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What are the key announced projects in the global gas processing market?

Some of the major gas processing plants that have been announced since June 2021 are Ar Ratawi II, Permian Midland, Town North, and Hythe II.

Ar Ratawi II

Ar Ratawi II is a fractionation-type gas processing plant to be set up in Iraq with a gas processing capacity of $600 million cubic feet per day (mmcfd). It has a proposed capex of $750 million and is expected to start operations in 2024. TotalEnergies SE is the operator as well as 100% equity owner of this project.

Permian Midland

Permian Midland is a dehydration-type gas processing facility proposed in the US. The 250 mmcfd capacity plant has a proposed capex of $340 million and is expected to start operations in 2022. Targa Resources Corp is the 100% equity owner and operator of this facility.

Town North

Town North is a dehydration-type gas processing plant proposed in Canada. The 205 mmcfd plant has a proposed capex of $270 million and is expected to start operations in 2025. Petronas Canada is the operator as well as 100% equity owner of this project.

Hythe II

Hythe II is a fractionation-type gas processing plant is proposed in Alberta, Canada. The 200 mmcfd plant has a proposed capex of $270 million and is expected to start operations in 2024. Veresen Midstream Limited Partnership is the operator.

What is the regional and country-level outlook in the global gas processing market?

The report offers an analysis of the global gas processing plants in North America, Middle East, Former Soviet Union, Europe, Africa, Asia, South America, Oceania, and the Caribbean. North America leads the total gas processing capacity, followed by the Middle East by 2026.

Gas processing market in North America

The US is expected to lead in terms of new build capex on planned and announced gas processing plants during the outlook period 2022–2026. The country is expected to spend around 74% of North America’s new build capex on planned and announced gas processing plants during the outlook period. Canada follows with a new build capex of more than $4 billion.

 Gas processing market in the Middle East

United Arab Emirates is expected to lead with the highest new build capex on planned and announced gas processing plants in the Middle East. Saudi Arabia and Qatar follow with a new build capex of more than $5 billion and more than $4 billion respectively. 

Gas processing market in Former Soviet Union

Russia is expected to spend around 57% of the FSU’s new build capex on planned and announced gas processing projects. Uzbekistan stands second, while Kazakhstan stands in third place. 

Gas processing market in Europe

Italy is expected to spend a new build capex of $600 million on the planned gas processing plants followed by Romania and Slovenia. 

Gas processing market in Africa

In the African region, Ethiopia leads with the highest new build capex on announced gas processing plants with $1.9 billion. Angola stands second followed by Egypt. 

Gas processing market in Asia

In Asia, Malaysia tops the list in terms of new build capex on announced gas processing plants with $1.0 billion during the outlook period 2022-2026. Thailand stands second, followed by Vietnam. 

Gas processing market in South America

Brazil leads with the highest new build capex on planned and announced gas processing plants while Argentina stands second. 

Gas processing plants market in Oceania

Australia would be the only country to spend an estimated capex of $587 million on planned and announced gas processing plants. Waitsia, expected to start operations by 2022, accounts for most of the capex in the country during the outlook period.

On a country-wise basis, Russia leads with the highest planned and announced gas processing capacity additions followed by the US, Saudi Arabia, Canada, and Qatar.

Global gas processing market, by region

Global gas processing market, by region

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What are the key facility type segments in the global gas processing market?

The key facility type segments in the global gas processing market are dehydration-type, fractionation-type, and sweetening-type. Novo-Portovskoye II to be operated by Gazprom Neft in Russia has the highest capacity among the dehydration-type processing plants. Ras Laffan-NFE to be operated by Qatargas Operating Co Ltd in Qatar has the highest capacity among the fractionation-type processing plants. Tanajib to be operated by Saudi Arabian Oil Co in Saudi Arabia has the highest capacity among the sweetening-type processing plants.

Global gas processing market, by segment

Global gas processing market, by segment

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Who are the major players in the global gas processing market?

The key players in the global gas processing market are Gazprom, Saudi Arabian Oil Co, QatarEnergy, National Iranian Oil Co, RusGazDobycha, Enbridge Inc, Sonatrach SpA, Royal Dutch Shell Plc, Wolf Midstream Inc, and United Chemical Company LLP.

Global gas processing market, by key players

Global gas processing market, by key players

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Market report scope

Market capacity (2022) 630.2 bcfd
Growth rate >7%
Base year for estimation 2022
Forecast period 2022-2026
Key regions North America, Middle East, Former Soviet Union, Europe, Africa, Asia, South America, Oceania, and the Caribbean
Segmentation by facility type Dehydration-Type, Fractionation-Type, and Sweetening-Type
Key players Gazprom, Saudi Arabian Oil Co, QatarEnergy, National Iranian Oil Co, RusGazDobycha, Enbridge Inc, Sonatrach SpA, Royal Dutch Shell Plc, Wolf Midstream Inc, and United Chemical Company LLP

The report provides:

  • Planned and announced gas processing capacity additions by key regions, countries, and companies
  • Planned and announced capital expenditure outlook by key countries and companies globally
  • Planned and announced capex of gas processing plants by region, key countries and companies
  • Details of the major planned and announced gas processing plant capacities globally up to 2026

Reasons to Buy

  • Obtain the most up to date information available on the gas processing plants globally
  • Identify growth segments and opportunities in the global gas processing industry
  • Facilitate decision making on the basis of outlook of gas processing capacity data
  • Develop business strategies with the help of specific insights about gas processing plants globally
  • Keep abreast of key planned and announced gas processing plants globally
  • Assess your competitor’s planned and announced gas processing plants and capacities

Table of Contents

| About GlobalData 2

1. Global Gas Processing Industry 7

1.1 Key Highlights 7

2. Key Announced and Stalled Projects 8

2.1 Key Projects Announcements 8

2.2 Key Stalled Projects 8

3. Global Gas Processing Capacity and Capex Outlook 9

3.1 Global Gas Processing Capacity by Region 9

3.2 Planned and Announced Gas Processing Plants Capacity by Key Countries 10

3.3 Planned and Announced Gas Processing Capacity by Key Companies 11

3.4 New Build Capex on Planned and Announced Gas Processing Plants by Region 12

3.5 New build Capex on Planned and Announced Gas Processing Plants by Key Countries 13

3.6 New build Capex on Planned and Announced Gas Processing Plants by Key Companies 14

4. Regional Capex Outlook by Country and Company 15

4.1 Africa − New build Capex on Planned and Announced Gas Processing Plants by Key Countries 15

4.2 Africa − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 16

4.3 Asia − New build Capex on Planned and Announced Gas Processing Plants by Key Countries 17

4.4 Asia – New build Capex on Planned and Announced Gas Processing Plants by Key Companies 18

4.5 Europe − New build Capex on Planned and Announced Gas Processing Plants by Key Countries 19

4.6 Europe − New build Capex on Planned Gas Processing Plants by Key Companies 20

4.7 FSU − New build Capex on Planned and Announced Gas Processing Plants by Key Countries 21

4.8 FSU − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 22

4.9 Middle East – New Build Capex on Planned and Announced Gas Processing Plants by Key Countries 23

4.10 Middle East − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 24

4.11 North America – New build Capex on Planned and Announced Gas Processing Plants by Key Countries 25

4.12 North America − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 26

4.13 Oceania – New Build Capex on Planned and Announced Gas Processing Plants by Country 27

4.14 Oceania − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 28

4.15 South America – New Build Capex on Planned and Announced Gas Processing Plants by Key Countries 29

4.16 South America − New build Capex on Planned and Announced Gas Processing Plants by Key Companies 30

5. Global Planned and Announced Gas Processing Plants by Facility Type 31

5.1 Top 15 Global Planned and Announced Major Dehydration-Type Gas Processing Plants 31

5.2 Top 15 Global Planned and Announced Major Fractionation-Type Gas Processing Plants 33

5.3 Top 15 Global Planned and Announced Major Sweetening-Type Gas Processing Plants 35

6. Appendix 37

6.1 Abbreviations 37

6.2 Important Definitions 37

6.3 Market Definition 37

6.4 Methodology 38

| Contact Us 39

List of Tables

Table 1: Total gas processing capacity by region, 2026 (bcfd)* 9

Table 2: Planned and announced gas processing capacity by key countries, 2022–2026 (bcfd) 10

Table 3: Planned and announced gas processing capacity by key companies during 2022–2026 (mmcfd) 11

Table 4: New build capex on planned and announced gas processing plants by region during 2022–2026 ($M) 12

Table 5: New build capex on planned and announced gas processing plants by key countries during 2022–2026 ($M) 13

Table 6: New build capex on planned and announced gas processing plants by key companies during 2022–2026 ($M) 14

Table 7: New build capex on planned and announced gas processing plants in Africa by key countries during 2022–2026 ($M) 15

Table 8: New build capex on planned and announced gas processing plants in Africa by key companies during 2022–2026 ($M) 16

Table 9: New build capex on planned and announced gas processing plants in Asia by key countries during 2022–2026 ($M) 17

Table 10: New build capex on planned and announced gas processing plants in Asia by key companies during 2022–2026 ($M) 18

Table 11: New build capex on planned and announced gas processing plants in Europe by country during 2022–2026 ($M) * 19

Table 12: New build capex on planned and announced gas processing plants in Europe by key companies during 2022–2026 ($M) * 20

Table 13: New build capex on planned and announced gas processing plants in the Former Soviet Union by country during 2022–2026 ($M) 21

Table 14: New build capex on planned and announced gas processing plants in the Former Soviet Union by key companies during 2022–2026 ($M) 22

Table 15: New build capex on planned and announced gas processing plants in the Middle East by key countries during 2022–2026 ($M) 23

Table 16: New build capex on planned and announced gas processing plants in the Middle East by key companies during 2022–2026 ($M) 24

Table 17: New build capex on planned and announced gas processing plants in North America by country during 2022–2026 ($M) 25

Table 18: New build capex on planned and announced gas processing plants in North America by key companies during 2022–2026 ($M) 26

Table 19: New build capex on planned and announced gas processing plants in Oceania by country during 2022–2026 ($M) 27

Table 20: New build capex on planned and announced gas processing plants in Oceania by key companies during 2022–2026 ($M) 28

Table 21: New build capex on planned and announced gas processing plants in South America by country during 2022–2026 ($M) 29

Table 22: New build capex on planned and announced gas processing plants in South America by key companies during 2022–2026 ($M) 30

Table 23: Top 15 global planned and announced major dehydration-type gas processing plants, 2022–2026 31

Table 24: Top 15 global planned and announced major fractionation-type gas processing plants, 2022–2026 33

Table 25: Top 15 global planned and announced major sweetening-type gas processing plants, 2022–2026 35

List of Figures

Figure 1: Total gas processing capacity by region, 2026 (bcfd)* 9

Figure 2: Planned and announced gas processing capacity by key countries, 2022–2026 (bcfd) 10

Figure 3: Planned and announced gas processing capacity by key companies during 2022–2026 (bcfd) 11

Figure 4: New build capex on planned and announced gas processing plants by region during 2022–2026 ($M) 12

Figure 5: New build capex on planned and announced gas processing plants by key countries during 2022–2026 ($M) 13

Figure 6: New build capex on planned and announced gas processing plants by key companies during 2022–2026 ($M) 14

Figure 7: New build capex on planned and announced gas processing plants in Africa by key countries during 2022–2026 ($M) 15

Figure 8: New build capex on planned and announced gas processing plants in Africa by key companies during 2022–2026 ($M) 16

Figure 9: New build capex on planned and announced gas processing plants in Asia by key countries during 2022–2026 ($M) 17

Figure 10: New build capex on planned and announced gas processing plants in Asia by key companies during 2022–2026 ($M) 18

Figure 11: New build capex on planned gas processing plants in Europe by country during 2022–2026 ($M)* 19

Figure 12: New build capex on planned gas processing plant in Europe by key companies during 2022–2026 ($M) * 20

Figure 13: New build capex on planned and announced gas processing plants in the Former Soviet Union by country during 2022–2026 ($M) 21

Figure 14: New build capex on planned and announced gas processing plants in the Former Soviet Union by key companies during 2022–2026 ($M) 22

Figure 15: New build capex on planned and announced gas processing plants in the Middle East by key countries during 2022–2026 ($M) 23

Figure 16: New build capex on planned and announced gas processing plants in the Middle East by key companies during 2022–2026 ($M) 24

Figure 17: New build capex on planned and announced gas processing plants in North America by country during 2022–2026 ($M) 25

Figure 18: New build capex on planned and announced gas processing plants in North America by key companies during 2022–2026 ($M) 26

Figure 19: New build capex on planned and announced gas processing plants in Oceania by country during 2022–2026 ($M) 27

Figure 20: New build capex on planned and announced gas processing plants in Oceania by key companies during 2022–2026 ($M) 28

Figure 21: New build capex on planned and announced gas processing plants in South America by country during 2022–2026 ($M) 29

Figure 22: New build capex on planned and announced gas processing plants in South America by key companies during 2022–2026 ($M) 30

Frequently Asked Questions

The global gas processing capacity is 630.2 billion cubic feet per day (bcfd) in 2022.

 

 

 

 

The global gas processing plants capacity is expected to grow by around 7% during the forecast period.

The key facility type segments in the global gas processing market are dehydration-type, fractionation-type, and sweetening-type.

The key players in the global gas processing market are Gazprom, Saudi Arabian Oil Co, QatarEnergy, National Iranian Oil Co, RusGazDobycha, Enbridge Inc, Sonatrach SpA, Royal Dutch Shell Plc, Wolf Midstream Inc, and United Chemical Company LLP.

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