© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Gas Pipeline Infrastructure Market trends research and projections for 2017 – 2024
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Growing discoveries of unconventional reserves coupled with increasing number of gas fired power generation stations across the globe will drive the gas pipeline infrastructure market size. In 2016, the Energy Information Administration (EIA) published that shale production in the country surpassed 15.2 trillion cubic meter (tcm) in 2015 experiencing over 1.7 tcm year on year increase.gas pipeline infrastructure Italy gas pipeline infrastructure market is projected to surpass cumulative installation of 300 ‘000 km by Rising investments to develop transmission links to cross border transactions through offshore routes will complement the business growth. In 2016, Saipem entered into an agreement with Trans Adriatic Pipeline AG to develop 105 km of 36” offshore gas pipeline between coastlines of Italy and Albania. Rising energy demand across the developing economies owing to evolving substructure and rapid urbanization will foster the gas pipeline infrastructure market share. Increasing development has resulted in exponential growth of cross border exports and imports through pipeline networks. Global Market Scenario of Gas Pipeline Infrastructure Industry
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Upsurge in the need to enhance the international natural gas trade to suffice the energy demand and generation targets will positively drive the transmission gas pipeline infrastructure market. In 2016, Spectra Energy and TransCanada awarded contract to combinedly build, own and operate the new pipeline from Texas to Tuxpan, Mexico. The aim of the USD 3.6 billion worth 270-km pipeline plan is to successfully supply the U.S. shale to power plants in Mexico by Reasons to Buy This Report: 1. Gas Pipeline Infrastructure Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Global Gas Pipeline Infrastructure Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles Increase in production of unconventional resources coupled with strict government norms toward adoption of low emission fuel will embellish the U.S. gas pipeline infrastructure market. Ongoing expansion of existing pipeline networks favored by increasing demand for exports will further complement the industry outlook. In 2017, the EIA published that natural gas production is expected to hold around 40% of the total energy production by Algeria gas pipeline infrastructure market is predicted to grow over 6% by Substantial administration funding for extension of the national transmission and distribution networks will augment the industry growth. In 2016, the Algerian government owned O&G company, Sonatrach announced to invest USD 3.2 billion over four years to enhance the pipeline capacity. Continue…
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