North America and Asia are projected to dominate global oil and gas new-build pipeline length additions, according to data and analytics company GlobalData.
The two continents are expected to contribute roughly 55% of worldwide global planned and announced pipeline length additions between 2019 and 2023, Kallanish Energy reports.
The company’s just-released report reveals North America and Asia are likely to have new-build pipeline lengths of 42,580.4 kilometers (26,458 miles) and 42,579.2 km (26,457 miles), respectively, by 2023.
“North America and Asia are expected to witness operations of 259 new-build pipelines by 2023, of which 148 are planned and announced pipelines in North America,” said Varun Ette, Oil and Gas analyst at GlobalData.
“The Keystone XL project is the longest upcoming pipeline in the region with a length of 1,897.0 km (1,179 miles).”
GlobalData expects Asia will have 111 new-build pipelines by 2023, of which 76 are planned and the rest are early-stage announced lines.
Power of Siberia 1 (China Section) is the longest upcoming gas pipeline in the region with a length of 3,371.0 km (2,095 miles).
“Africa is the third-highest contributor to the global new-build planned and announced pipeline length additions by 2023, with a length of 16,912.2 km (10,509 miles),” Ette said.
Trans Saharan Gas is the longest upcoming pipeline in the region, with a length of 4,400.0 km (2,734 miles).
This post appeared first on Kallanish Energy News.