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India, China top in Asia’s New Trunk Pipeline Length Additions by 2024

India is expected to lead Asia’s oil and gas new trunk/pipeline length additions, contributing around 59% of Asia’s planned and announced pipeline length additions between 2020 and 2024, says GlobalData, a leading data and analytics company.

Pipeline

In a report titled, ‘Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines, 2020−2024: Asia Leads Global Pipeline Growth’, published recently by GlobalData, it reveals that India is expected to develop a new pipeline length of 27,364 km by 2024.

Soorya Tejomoortula, Oil and Gas Analyst at GlobalData, comments: “In India, 48 new pipelines are likely to start operations by 2024, of which 33 are planned pipelines with identified development plans and the remaining 15 are early-stage announced pipelines. Kandla–Gorakhpur is the longest upcoming pipeline in the country with a length of 2,757km. It is a product pipeline expected to start operations in 2024.”

GlobalData expects China to be the second-highest contributor to the Asia’s new-build pipeline length additions by 2024 with a length of 10,609 km. Planned projects account for almost entire pipeline additions in the country with 10,567 km. The Power of Siberia 1 (China Section) is the longest upcoming pipeline in the country with a length of 3,371 km. It is a natural gas pipeline expected to start operations by 2023.

Pakistan ranks third in contribution to the new pipeline length additions in the region by 2024 with a length of 2,711 km from eight upcoming pipelines. Of the total length, announced and planned pipelines are likely to contribute 1,480 km and 1,231 km, respectively. Pakistan ranks third in contribution to the new pipeline length additions in the region by 2024 with a length of 2,711 km from eight upcoming pipelines. Of the total length, announced and planned pipelines are likely to contribute 1,480 km and 1,231 km, respectively.

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