GlobalData: Gas pipelines underpin global transmission pipelines projects growth by 2028

Further details from the report include:

• Globally, 508 newbuild trunk/transmission pipeline projects are likely to commence operations during the 2024 - 2028 period.
• About 45% of the upcoming pipeline projects are in the construction stage with expected operational commencement by 2028.
• More than 90 000 km of pipeline length is presently under construction and is likely to become operational by 2028.
• Gas pipelines lead both in terms of project count and pipeline length globally by 2028, as countries continue to grapple with the dual challenges of energy security and environmental sustainability.
• Gas pipelines lead the region in terms of both project count and pipeline length, followed by product pipelines.
• Natural gas and product pipelines account for the bulk of the pipeline length additions in the region due to ever-growing demand from the industrial, domestic, and transportation sectors.
• Among countries, the US leads with the highest number of pipeline projects that are expected to start operations by 2028.
• Gas pipelines constitute the highest number of projects in the country, mainly to supply natural gas for liquefaction terminals.
• In terms of pipeline length, India leads with a proposed 29,800km by 2028, with gas pipelines contributing the major chunk.

Further analysis on pipeline projects can be found in GlobalData’s new report, ‘New Build Trunk-Transmission Pipelines Projects by Development Stage, Regions, Countries, Project Type and Forecast to 2028’.

Read the article online at: https://www.worldpipelines.com/business-news/15052024/globaldata-gas-pipelines-underpin-global-transmission-pipelines-projects-growth-by-2028/