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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