Foreign
NORTH America will account for the bulk of the global trunk/transmission oil and gas pipeline length, contributing around 44% by 2026, says GlobalData, a leading data, and analytics company.
GlobalData’s latest report, ‘Oil and Gas Pipelines Length and Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies, 2022-2026’, reveals that the total length of the global trunk/transmission pipeline network is expected to be 2.2 million kilometers (km) by 2026. North America will be on top, with 970,231km, followed by Asia and Europe with 257,104km and 213,187km, respectively.
Sudarshini Ennelli, Oil and Gas Analyst at GlobalData, comments: “Being a traditional hub for oil & gas, North America not only has a huge installed pipeline base but it continues to build new pipelines to meet demand. By 2026, the region intends to start operations at 112 planned and announced pipelines, with a total length of around 20,022km. The San Fernando–Cactus in Mexico is the longest upcoming pipeline in the region, with a length of 1,609km. This announced natural gas pipeline is expected to start operations in 2023.”
GlobalData’s research finds that Asia will rank in second place by 2026, with a 12% share of the global transmission pipeline length. The region’s total length will be 257,104km. The Xinjiang–Guangdong–Zhejiang SNG natural gas pipeline in China will be the longest pipeline in the region, with a length of 8,972km, and is expected to start operations by 2026. The region’s pipeline additions are rapidly growing to meet the demand of oil and gas.
Europe ranks third place, with a 10% share in the global transmission pipeline length. Europe’s total length will be 213,187km, with the Varna–Oryahovo gas pipeline in Bulgaria to represent the largest stretch with a length of 844km. This project is expected to start operations by the end of 2022, and is expected to bring additional gas transportation capacity to the country.
KN
Tags: GlobalData
