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US to lead global newbuild oil and gas trunk pipeline length additions by 2023
The US is expected to lead in terms of global trunk or transmission pipeline length additions for planned and announced projects between 2019 and 2023, contributing around 21% of global newbuild pipeline additions by 2023, according to GlobalData.
According to its latest analysis, the US is set to have a planned newbuild pipeline length of 14,162 km and an announced newbuild pipeline length of 20,230 km by 2023.
Sunrita Dutta, Oil and Gas Analyst at GlobalData, comments: ‘Liberty Oil is the largest upcoming pipeline project in the country, with a newbuild length of 2,172 km. The pipeline is proposed to run from a pump station in Guernesy to an oil terminal at Cushing VII. It is expected to start operations in 2021.’
Meanwhile, India ranks second highest globally, in terms of trunk or transmission pipeline length additions, with a newbuild planned and announced pipeline length of 23,344 km by 2023. The Jagdishpur–Haldia gas pipeline in India is the major upcoming planned pipeline project with a proposed length of 2,655 km. It is expected to start operations in 2020.
Dutta concludes: ‘Russia stands third globally, with a newbuild planned and announced trunk pipeline length of 14,669 km by 2023. The Nord Stream 2 gas pipeline project in Russia is the most important planned pipeline in the country and is slated to begin operations in 2020, with a newbuild pipeline length of 2,400 km.’
Figure 1: Planned and announced pipeline length by key countries during 2019–2023, in km
Source: GlobalData
