DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/301c8d/planned_oil_and_ga) has announced the addition of GlobalData 's new report "Planned Oil and Gas Pipelines - Global Market Analysis, Competitive Landscape and Major Projects to 2015" to their offering.
Planned Oil and Gas Pipelines - Global Market Analysis, Competitive Landscape and Major Projects to 2015, is the latest report from GlobalData, the industry analysis specialists, that analyzes the global planned oil and gas pipelines market. The report provides information about the global planned pipelines market until 2015. The report gives information on planned pipeline lengths by the top five countries and the top five companies in each region. It also covers key planned pipeline projects in each region. The report also provides key trends and issues in the pipeline industry. The report is built using the data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's team of industry experts.
Asia-Pacific to Add Two-Fifths to the Global Planned Pipeline Length
Asia-Pacific will be the major contributor to planned pipeline length addition for 2011-2015, globally. The region will be responsible for 41.8% of the total global planned pipeline length addition during this period. India and China will be the frontrunners in this addition. Huge energy demand and the expansion of refining capacities are the primary reasons for pipeline developments in these countries. Gas Pipelines to Account for Majority of the Planned Pipeline Length Addition
During 2011-2015, gas pipelines will account for about 75% of the total global planned pipeline length addition. Increases in oil and gas production will lead to more planned pipeline projects. Global natural gas production is expected to increase at an Average Annual Growth Rate (AAGR) of 2.7% during 2011-2015, while global oil production is expected to increase at an AAGR of 1% during the same period (BP Energy Outlook 2030). Due to a higher rate of gas production, more gas pipelines are planned than oil pipelines.
Top Five Countries to Contribute Half of the Total Planned Pipeline Length
The global pipeline industry is a widespread industry and the planned pipelines are not concentrated in any particular region. The top five countries in the planned pipeline industry account for about 50% of the total planned pipeline length addition. These countries are Russia, India, the US, China, and Canada.
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