GlobalData report: Middle East set to contribute 17% of global new-build trunk petroleum products pipeline length additions by 2023

GlobalData report: Middle East set to contribute 17% of global new-build trunk petroleum products pipeline length additions by 2023
LUBMIN GERMANY APRIL 08 A worker shouts commands as cranes lower a section of pipe into the ground for the OPAL pipeline on April 8 2010 near Lubmin Germany The OPAL and NEL pipelines will carry natural gas from Russia arriving through the Nord Stream pipeline from the Baltic Sea across Germany and to other countries in Europe The Nord Stream project delivers Russian natural gas directly to western Europe and avoids countries in between such as Poland and Ukraine Photo by Sean GallupGetty Images
Published: 16 January 2020 - 7:30 a.m.
By: Martin Menachery
The Middle East is expected to contribute 17% of global new-build trunk/transmission petroleum products pipeline length additions by 2023, says GlobalData.

The company’s latest report, Global Petroleum Products Pipelines Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Petroleum Products Pipelines, reveals that the Middle East is likely to have new-build petroleum products pipeline length of 3,483km by 2023.

Varun Ette, oil and gas analyst at GlobalData, comments: “The Middle East is expected to begin operations of 11 trunk pipelines by 2023. Abadan-Rey is the longest upcoming petroleum products pipeline in the region with a length of 920km. The pipeline is slated to commence operations in 2020.

GlobalData identifies Iran as the potential top contributor to the regional new-build petroleum products pipelines, with five upcoming pipelines with a total length of 2,654km. All the pipelines proposed in the country are planned pipelines with identified development.

Ette concludes: “Saudi Arabia is the second highest contributor to the Middle East’s pipeline length additions by 2023. Yanbu-North Jeddah I and Yanbu-North Jeddah II are the only upcoming planned petroleum products pipelines with proposed lengths of 333.5km each. Both are expected to start operations in 2021.”

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