Capital expenditure on new land-based oil and gas transmission pipelines will be $61.8bn in 2015

LONDON - Sept. 15, 2015 - PRLog -- ENE0023 PRESS RELEASE: ‘hIGH spending REACHING $61.8bn IN 2015 ANTICIPATED on new oil and gas pipelines worldwide DESPITE OIL PRICE COLLAPSE’ SAYS VISIONGAIN REPORT

LONDON, UK. 25^th June 2015: Visiongain’s analysis indicates that capital expenditure on new land-based oil and gas transmission pipelines will be $61.8bn in 2015.

The future prospects for the industry are revealed in visiongain’s extensive 447 page report Onshore Oil & Gas Pipelines Market Report 2015-2025: How Will Unconventional Shale Oil & Gas Production Influence Pipelines Infrastructure? Find CAPEX & Length Forecasts, Contract Analysis & Top Company Profiles

Expanding production driven by the unconventional oil and gas boom, Canadian supply increases, and Middle Eastern output have complemented a growing demand situation, where consumption in nations such as Mexico and the BRICS, is creating the conditions for strong CAPEX growth. Politics too is a leading driver of development, as the EU’s gas pipeline spending is driven by a desire to diversity imports, and Russian spending is driven by the need to market more product into Asia.

The report also contains 370 tables, charts and graphs studying two submarkets, seven regions, and analysing eleven leading countries. The 2015 report accounts for fundamental market and political changes that have occurred globally and in key regions, including the oil price collapse, the expansion of the Islamic State, and revisions to growth and fuel consumption forecasts in Asia. Its research indicates that globally more spending will be dedicated to gas pipelines between 2015 and 2025, and that the market will be driven by the Asia-Pacific and North American regions.

Additionally visiongain has calculated baseline lengths of the existing oil and gas trunk/transmission pipelines network, in each region and leading country, as well as forecast anticipated length increases (and total network lengths) in the coming decade.

There are myriad factors affecting the security environment in which oil and gas assets are developed and transited.  Current oil and gas infrastructure, future expansion plans, threats to physical infrastructure, regional development drives, safety, risk perception, environmental concerns, and the application of new technology are all amongst the factors that constrain and drive the global pipelines market.

The lead analyst for the report commented that:

“Strong investment is anticipated in the global pipelines market, driven primarily by expanding oil and gas production in North America and expanding consumption in Asia-Pacific. Political risk and the risk of violence remain the greatest barriers to pipeline development, particularly in Africa and the Middle East. The oil price collapse since June 2014 has had modest impacts on the long-term outlook for the industry.”

A companies chapter profiles the main providers of pipelines development and services worldwide. The most prominent and up-and-coming companies are detailed, along with their most recently proposed or presently underway projects. Visiongain has calculated, commented on, and visualized comparative CAPEX between 2015 and 2017 for six of the most active organizations in the industry.

Visiongains’ forecasting and analysis is grounded in primary and secondary research that incorporates internal databases, private networks, and public financial and economic information. Additionally it is supplemented by two expert interviews with leading companies operating within the oil and gas pipelines industry in Europe and North America.

The Onshore Oil and Gas Pipelines Market 2015-2025 report will be of value to current and potential future stakeholders and/or investors in the oil and gas industry, as well as any entity seeking to supply pipeline services or equipment in the future. It will also benefit companies, governments, and research centres that wish to broaden their knowledge and understanding the variables that are driving the pipelines industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.