North America’s Oil and Gas Pipelines to Double FSU’s by 2024

North America’s Oil and Gas Pipelines to Double FSU’s by 2024

North America is expected to have the maximum share of the global oil and gas trunk/transmission pipeline length by 2024, representing around 43%. Running for a length of 899 399 km, the region continues to lead global pipeline additions by 2024 with 25 335 km, lagging only behind Asia, says GlobalData, a data and analytics company.

GlobalData’s report “Global Oil and Gas Pipelines Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Pipelines” reveals that the total length of the global trunk/transmission pipeline network is 2 083 369 km (with start years up to 2024, as of November 2020).

Of the total global pipeline length among the regions studied, North America is on top with 899 399 km, followed by the Former Soviet Union (FSU) and Asia with 419 021 km, and 225 382 km, respectively.

In North America, there are currently 1243 active and suspended pipelines operating with a total length of 874 064 km. The region is expected to witness total length additions of 25 335 km, representing 22% of the total global length additions.

Expected to start operations in Mexico by 2021, the longest of the upcoming projects is San Fernando–Cactus, with a length of 1609 km. However, this pales in comparison to the onshore natural gas pipeline NGTL System in Canada, the longest active pipeline in North America, which has a length of 24 575 km. Overall, crude and natural gas pipelines lead growth in the region.