The latest edition of Westwood’s annual World Onshore Pipelines Market Forecast 2019 - 2023 is now available, with expenditure for onshore pipelines in the near-term expected to be bolstered by a number of large projects in Africa, Asia, and Eastern Europe & FSU.
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As detailed in the report, additional capacity in the near-term will also come from a number of projects designed to alleviate bottlenecks in takeaway capacity in the Permian Basin in the US. A decline in activity is expected post 2020, with some pipelines having experienced delays and cancellations since the release of the previous edition of the report, including the Trans Mountain Expansion pipeline in Canada and the Djibouti-Dire Dawa-Awash (Horn of Africa) from Djibouti to Ethiopia.
The report includes:
- Regional capital and operational expenditure forecasts, including examples of key countries and projects.
- Capital expenditure forecasts are provided for line pipe, right of way, fittings, stations, and construction.
- Operational expenditure being split in terms of operations-related expenditure, integrity management, technical and land management support, and stations.
- A comprehensive technical overview of the project development process, from front-end engineering and design (FEED) through to engineering, procurement, construction (EPC), and operations and maintenance.
The World Onshore Pipelines Market Forecast 2019 - 2023 is a helpful tool for companies operating across the supply chain, from steel mills and original equipment manufacturers (OEMs) to pipeline operators and integrity service providers.
Read the article online at: https://www.worldpipelines.com/business-news/29112018/forecast-of-the-global-onshore-pipelines-market/