U.S. to lead global new-build oil and gas trunk pipeline length additions by 2023

The U.S. is expected to lead in terms of global trunk or transmission pipeline length additions for planned and announced (new-build) projects between 2019 and 2023, contributing around 21 per cent of global new-build pipeline additions by 2023, according to GlobalData, a leading data and analytics company.

The company’s report, H2 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – India and the U.S. Dominate New-Build Pipeline Length Additions, reveals that the U.S. is set to have a planned new-build pipeline length of 14,162km and an announced new-build pipeline length of 20,230km by 2023.

Sunrita Dutta, Oil and Gas Analyst at GlobalData, commented: “Liberty Oil is the largest upcoming pipeline project in the country with a new-build length of 2,172km. The pipeline is proposed from a pump station in Guernesy to an oil terminal at Cushing VII. It is expected to start operations in 2021.”

For more information visit www.gobaldata.com

9th December 2019