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June 10, 2019

US leads with highest trunk pipeline length globally from planned and announced projects by 2023

The total length of global oil and gas trunk pipelines is expected to increase at a rate of 13.4% from 2019 to 2023.

By GlobalData

GlobalData’s latest report, H1 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – Natural Gas Pipelines Take Lead in New-Build Projects, indicates that the total length of global oil and gas trunk pipelines is expected to increase from 1.9 million kilometres (km) in 2019 to 2.2 million km by 2023, registering total growth of 13.4%.

Oil & gas pipelines by 2023

Among regions, Asia and North America lead globally in terms of oil and gas pipeline length growth from planned and announced projects with lengths of 78,681 km and 61,619 km by 2023.

Among countries, the US leads globally with planned and announced pipeline length growth of 45,420 km during 2019–2023. India and Russia follow with pipeline length growth of 34,384 km and 20,654 km, respectively.

Planned and announced trunk pipeline length by key countries, 2019–2023 (km)

Source: Midstream Analytics, GlobalData Oil and Gas

Among companies, Indian Oil Corporation Ltd is expected to lead globally with the highest trunk oil and gas pipeline length of 18,778 km from planned and announced projects during the outlook period.

China Petrochemical Corp and Gazprom follow with similar pipeline length growth of 14,876 km and 14,576 km, respectively.

In terms of capex, China Petrochemical Corp leads with the highest new-build capex on planned and announced projects globally by 2023. TransCanada Corp. stands second, followed by Nigerian National Petroleum.

Among the planned and announced projects globally that are expected to come online by 2023, Xinjiang–Guangdong–Zhejiang SNG gas pipeline, Russia–India gas pipeline and the West African Gas Extension pipeline lead with highest lengths of 8,972 km, 6,000 km, and 5,660 km, respectively.

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