The company’s report, ‘Global Planned Oil and Gas Pipelines Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Planned Pipelines’, reveals that Iran is expected to have new-build pipeline length of 7,496 km by 2023.
Adithya Rekha, Oil and Gas Analyst at GlobalData, comments:
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A total 18 new-build pipelines are expected to start operations in Iran by 2023
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Iranian Gas Trunk line–IGAT IX is the longest upcoming pipeline in the country with a length of 1,863 km
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It is a natural gas pipeline that is expected to start operations in 2022
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National Iranian Gas owns a 100% equity stake in the pipeline and will also be its operator
GlobalData expects Iraq to be the 2nd-highest contributor to the region’s new-build pipeline length additions by 2023 with a length of 3,775 km.
Planned projects are expected to contribute around 3,375 km, while the remaining 400 km will be from early-stage announced projects.
Basra–Aqaba Gas is the longest upcoming pipeline in the country with a length of 1,700 km.
It is an onshore natural gas pipeline that is planned to start operations in 2023.
Following Iraq, Saudi Arabia ranks 3rd in contribution to the new-build pipeline length additions in the region by 2023 with a length of 1,824.8 km from nine upcoming pipelines.
Of the total length, planned pipelines will contribute 1,724.8 km while announced pipelines contribute 100 km by 2023.
Haradh–Hawiyah Gas is the longest upcoming pipeline in the country with a length of 450 km.
It is an onshore gas pipeline planned to start operations in 2021.
