Total length of key global oil and gas transmission pipelines is expected to increase recording a total growth of 11% by 2021. Around 30 new natural gas pipelines were declared when compared with the previous report published in December 2016. Among these, African Renaissance Project (2,600 km), Eastern Siberia–Western Siberia (2,000 km), and EUGAL (864 km) are the major gas pipelines.

Largest planned pipeline projects in the world in terms of length by 2021 are the Energy East oil pipeline (4,500 km) from Canada, followed by TurkStream (Russia–Turkey Section) gas pipeline (3,780 km) and Power of Siberia (Russia Section-I) gas pipeline (3,200 km), both  from Russia.

North America leads globally both in terms of the pipeline length additions and capital expenditure being spent over the next four years. The region is expected to witness construction of 59,962 km of transmission pipeline length and a capex spending of US$153 billion by 2021. Among countries, the US, India, Russia, Canada, and Iran will have almost 54% of the transmission pipeline length proposed to be built globally by 2021 with an overall increase in the length to 110,748 km. They also have the most planned capex by 2021. A total US$291 billion is estimated to be spent among the five countries on the planned pipelines.

According to Global Oil & Gas Pipeline Market, the global oil & gas pipeline market is projected to surpass $61 billion by 2022.

Due to decline in global crude oil prices, investments in oil & gas exploration and transportation failed over the last few years. Consequently, global oil & gas pipeline market also witnessed a marginal decline in value terms during 2014 – 2016. However, with global crude oil prices become stable in 2016, expanding city gas distribution network and increasing digitization being viewed in pipeline infrastructure, the global oil & gas pipeline market is expected to exhibit growth over the next five years.

Global Oil and Gas Pipelines industry research report identifies ABB, GE Oil & Gas, Kinder Morgan, Saipem, Shell, and Technip as the key vendors in the global crude oil pipelines market.

The transportation of heavy crude through pipelines is one of the major challenges faced by crude oil pipeline operators. The high density of these crude oils and rapid cooling makes their transportation through the long distance pipelines very bulky resulting in several operational issues in the pipeline system. This will lead to the increasing adoption of heated pipeline technology among oil and gas pipeline companies in the next four years.  With the upstream oil and gas areas moving into hostile environments and the global change in climatic conditions, this technology will play a significant role in the growth of the market.

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