Proposed projects across North America and Europe would push the global pipeline industry to register growth of 15% by 2019. The two regions account for half of the planned global pipeline length additions and about 63% of the capital expenditure. India, Canada, and Iran also have significant proposals for new pipelines in place. Among companies, Gazprom is the leading company with the most pipeline length planned 21,572 km and capital expenditure US$78 billion followed by China National Petroleum Corporation with 17,677 km and US$14 billion in capital expenditure. The largest planned pipeline projects in the world are Iran–Iraq–Syria–Lebanon in Iraq by US$10 billion with 6,000 km in length, followed by West–East Gas III in China by US$20 billion with 5,220 km.
GlobalData’s H2 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – US and Russia Lead Global Pipeline Expansion in Bid to Capture Markets report provides an annual breakdown of capital expenditure spending on planned (new build) pipelines by major regions in the world for the period 2015 to 2019. It includes up to date major, trunk oil and gas pipelines length data by major regions in the world, forecast of planned pipeline length additions up to 2019.
Published: Jan’16 – Single user price: $1,500