CONTRIBUTING around 21% of global new-build pipeline additions by 2023, according to GlobalData, to leading data and analytics company.
The company’s report, H2 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – India and the US Dominate New-Build Pipeline Length Additions , Reveals That the US is Set to have a planned new-build pipeline length of 14,162km and an announced new-build pipeline length of 20.230km by 2023.
Sunrita Dutta, Oil and Gas Analyst at GlobalData , comments: “Liberty is the largest upcoming pipeline project in the country with a new-build length of 2,172km. The pipeline is proposed from a pump station in Guernesy to an oil terminal at Cushing VII. It is expected to start operations in 2021. ”
India ranks second highest globally, in terms of trunk or transmission pipeline length additions, with a new planned build and announced pipeline length of 23.344km by 2023. The Jagdishpur – Haldia gas pipeline in India is the major upcoming planned pipeline project with a proposed length of 2,655km. It is expected to start operations in 2020.
Dutta concludes: “Russia stands third globally with a new-build planned and announced trunk pipeline length of 14.669 km by 2023. The Nord Stream 2 gas pipeline project in Russia is the most important planned pipeline in the country and is to begin operations in 2020 with a new-build pipeline length of 2,400 km. ”
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Notes to Editors
- Comments provided by Sunrita Dutta, Oil & Gas Analyst at GlobalData
- Information on GlobalData’s report: H2 2019 Global Length and Capital Outlook for Oil and Gas Pipelines – India and the US Dominate New-Build Pipeline Length Additions
- Announced / Planned: Denotes only new-build assets that are in different stages of development and have not started commercial operations
- A new-build project that has not received relevant / required approvals to develop / build the project is considered as Announced
- A new-build project that has received relevant / required approvals is considered as Planned
- This report was built using GlobalData’s team of industry experts and in-house analysis.
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