China, India dominate Planned Trunk Oil Pipelines Additions to 2022 -GlobalData

Wed, Jan 24, 2018 | By publisher


Oil & Gas

 

ANALYSIS of global planned trunk/transmission oil and gas pipelines for the period 2018 to 2022, shows that the Xinjiang–Guangdong–Zhejiang SNG gas pipeline in China is the longest planned pipeline globally with a length of 8,972 kilometres, according to GlobalData, a leading data and analytics company.

The onshore pipeline is expected to start operations in 2022. China Petrochemical Corp has 100 percent equity in the pipeline while China Petroleum & Chemical Corporation is the operator. The pipeline has a total capital expenditure, capex, of $30.1bn.

The second longest planned pipeline, Power of Siberia (China Section), is also in China with a length of 3,968 km. The onshore pipeline is expected to start operations in 2019. China National Petroleum Corporation has 100 percent equity stake holder while China National Petroleum Corporation is the operator. The pipeline has a total capex of $5.2bn.

The Power of Siberia (Russia Section-I) gas pipeline in Russia is the third longest pipeline for the period of 2018 to 2022 with a length of 3,200 km. The onshore pipeline is expected to start operations in 2019. Gazprom has 100 percent equity stake and the also the operator. The pipeline has a total capex spending of $20.1bn.

The fourth longest planned pipeline is Jagdishpur–Haldia gas pipeline in India with a length of 2,655 km. The onshore pipeline is expected to start operations in 2019. GAIL (India) Ltd has 100 percent equity stake and is the operator. The pipeline has total capex of $1.9bn.

The Surat–Paradip gas pipeline, also in India, is the fifth longest planned pipeline globally with a length of 1,990 km. The onshore pipeline is expected to start operations in 2020. GAIL (India) Ltd holds 100 percent equity stake and also the operator. The pipeline has total capex spending of $1.5bn.

– Jan. 24 2018 @ 13:31 GMT

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