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Asia will contribute 36% of global new oil and gas pipeline length by 2025

 Last Update: 2021-06-06
 Source: Internet
 Author: User

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According to a report from Arab Trade Net in Dubai on May 12, 2021, GlobalData, the world's leading data and analysis company, said that Asia is expected to promote the planned and announced increase in the length of the main trunk line/transmission pipeline around the world by 2025.

GlobalData's report entitled "Global Length and Capital Expenditure Outlook of Oil and Gas Pipelines 2021-2025-India and the United States Leading Global Pipeline Growth" shows that by 2025, the length of newly built oil and gas pipelines in Asia may reach 46,653.

GlobalData Oil and Gas Analyst Bhargavi Gandham commented, “By 2025, Asia is expected to witness the start of 123 planned and announced oil and gas pipelines.

GlobalData believes that by 2025, North America will become the world's second largest contributor to the planned and announced increase in the length of oil and gas pipelines, accounting for 19% of the total pipeline increase.

The Middle East ranks third, with 57 planned and announced oil and gas pipelines expected to start operations before 2025, with a total length of 15,228 kilometers.

Li Jun compiled from Arab Trade Network

The original text is as follows:

Asia to spearhead global trunk/transmission pipeline length additions

Asia is expected to drive the global planned and announced trunk/transmission pipeline length additions, contributing about 36% of the oil and gas pipeline length additions by 2025, says GlobalData, a leading data and analytics company.

GlobalData's report,'Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines, 2021–2025-India and the US Lead Global Pipelines Growth', reveals that Asia is likely to have a new-build oil and gas pipeline length of 46,653 km by 2025.

Bhargavi Gandham, Oil and Gas Analyst at GlobalData, comments: “Asia is expected to witness the operational start of 123 planned and announced oil and gas pipelines by 2025.

GlobalData identifies North America as the second highest contributor to the global planned and announced oil and gas pipeline length additions by 2025 contributing 19% of the total pipeline additions.

The Middle East ranks third with 57 planned and announced oil and gas pipelines that are expected to start operations by 2025 with a total length of 15,228 km.

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