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GlobalData: US to drive global crude oil trunk/transmission pipelines growth by 2024


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The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024.
With expected length additions of 4900 km from projects that have received approval or are awaiting approval, the US is far ahead of any other country in the world in terms of pipeline growth by 2024, says GlobalData, a leading data, and analytics company.
GlobalData’s report, ‘Global Crude Oil Pipelines Industry Outlook to 2024 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Crude Oil Pipelines’, reveals that the total global crude oil pipeline length additions are expected to be more than 17 000 km by 2024. Of the countries studied for pipeline growth, the US is on top with 4895 km, followed by Russia with 2040 km and Canada with 1443 km.

Agadem , Diffa , Niger , Tanzania , Benin , Canada , Russia , Uganda , Soorya-tejomoortula , Global-crude-oil-pipelines-industry-outlook , African-crude-oil , Oil-pipelines

US to drive global crude oil trunk/transmission pipelines growth by 2024, says GlobalData


US to drive global crude oil trunk/transmission pipelines growth by 2024, says GlobalData
The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024. With expected length additions of 4,900 km from projects that have received approval or are awaiting approval, the US is far ahead of any other country in the world in terms of pipeline growth by 2024, says GlobalData, a leading data, and analytics company.
GlobalData’s report, ‘Global Crude Oil Pipelines Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Crude Oil Pipelines’, reveals that the total global crude oil pipeline length additions are expected to be more than 17,000 km by 2024. Of the countries studied for pipeline growth, the US is on top with 4,895 km, followed by Russia with 2,040 km and Canada with 1,443 km.

Agadem , Diffa , Niger , Tanzania , Benin , Canada , Russia , Uganda , Soorya-tejomoortula , Global-crude-oil-pipelines-industry-outlook , African-crude-oil , Oil-pipelines