Oil and gas pipeline operator market is projected to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the market is attributed to factors such as increasing energy demand, expansion of oil and gas exploration activities, and the need for efficient transportation infrastructure. For instance, in February 2023, Luberef, a subsidiary of Saudi Aramco, expanded its base oil plant in Yanbu’ al Bahr, Saudi Arabia, which will increase capacity by 230,000 metric tons per year. The project will also upgrade the facility, enabling it to make API Group III base stocks. Additionally, government initiatives promoting energy infrastructure development and cross-border collaborations in the oil and gas sector are expected to fuel the demand for pipeline operators. For instance, in February 2021, Saudi Arabia implemented energy efficiency initiatives that align with its Vision 2030 goals and the United Nations’ Sustainable Development Goals (SDGs). These initiatives reflect the country’s commitment to developing a diversified and sustainable economy. Recognizing the importance of sustainable and efficient planning, especially in the face of rapid societal growth and infrastructure development, the Saudi government has introduced various policies and guidelines. These measures aim to promote energy efficiency across all sectors and contribute to the country’s long-term sustainability objectives.
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The gas pipe segment is anticipated to witness significant growth, driven by the growing demand for crude gas transportation and the expansion of gas production activities. Owing to this, various countries have released projects aimed at enhancing gas pipeline infrastructure. For instance, in July 2021, Pakistan and Russia signed an agreement for the construction of a gas pipeline stretching from Port Qasim in Karachi to Lahore, which is estimated to be around 1,100 km long and cost between $2.5-3 billion. The pipeline is also known as the Pakistan Stream Gas Pipeline (PSGP) or the North-South gas pipeline. The project is contracted by the Pakistani government to be built by Gazprom, a Russian gas company. The pipeline’s designed annual capacity stands at 12.4 billion cubic meters (bcm), with the possibility to be increased to 16 bcm. The pipeline size was agreed at a 56-inch diameter to cater for the next 30-40 years of energy needs in the country that will ensure 700-800 million cubic feet per day (mmfcd) of free gas flow which can go up to 2,000mmcfd with compressors.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Oil and Gas Pipeline Operator Market byType
- Gas Pipe
- Oil Pipe
Global Oil and Gas Pipeline Operator Market by Application
- Domestic Pipeline Operator
- Cross-border Pipeline Operator
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- CNPC
- DCP Midstream
- Enbridge Inc.
- Energy Transfer LP
- Eni S.p.A.
- Enterprise Products Partners L.P.
- Gazprom VNIIGAZ LLC
- Kinder Morgan
- Magellan Midstream Partners, L.P.
- Marathon Petroleum Corp.
- ONEOK, Inc.
- Pembina Pipeline Corp.
- Phillips 66
- Saudi Arabian Oil Co.
- Shell group of companies
- Spectra Energy
- Targa Resources Corp.
- TC Energy Systems
- TechTarget, Inc.
- Williams Companies, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global oil and gas pipeline operator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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