Global Gas Pipeline Infrastructure Market Current & Future Growth Analysis On Enbridge, Snam Rete, APA Group, Saipem, Perusahaan Gas Negara, GAIL India

Market Study Report recently introduced new title on Global Gas Pipeline Infrastructure Market Report that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

Gas pipeline infrastructure market trends have lately been influenced by the robust shift of preference toward natural gas from crude oil on account of the rapid reduction in crude supply and the rising percentage of carbon footprints. In an era remnant of heavy industrialization and urbanization trends, the discovery of shale and natural gas reserves has gained traction, leading to the requirement of gas pipelines.

Global Gas Pipeline Infrastructure Market size is set to exceed USD 2 trillion by 2024

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The demand has been religiously taken note of prominent oil and gas players, that have been adopting a slew of business growth tactics in order to strengthen their stance in the industry while contributing toward augmenting the global gas pipeline infrastructure market share. For instance, the governments of Cyprus and Egypt have recently inked a deal that entails the construction of a subsea pipeline for linking significant gas resources in the Cypriot waters with two of Egypt's LNG export facilities.

Report Mainly focuses on the top Manufacturers in global market are given bellow
Europipe, Gazprom, Enbridge, Snam Rete, APA Group, Saipem, Perusahaan Gas Negara, GAIL India, Engas, and National Oilwell Varco.

Speaking of yet another instance highlighting the prominence of gas pipeline infrastructure market, Canadian investor Brookfield has recently made it to the headlines for having planned to acquire the East West Pipeline Limited (EWPL), also called the Reliance Gas Transportation Infrastructure Limited, for a valuation of INR 14,000 crore.

Brookfield plans to sponsor the InvIT (India Infrastructure Trust) to acquire the pipeline, that currently spans 1,400 Km, spread over from Kakinada, on the east coast to Bharuch, Gujarat. Major investments such as the aforementioned are certain to augment the commercialization landscape of the overall gas pipeline infrastructure market across numerous geographies in the many years to come.

By Application
• Onshore
• Offshore

By Operation

• Transmission
• Distribution

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.

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Italy gas pipeline infrastructure market is projected to surpass cumulative installation of 300,000 km by 2024. 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. In 2016, the EIA reported that natural gas pipelines exports from Russia and Norway to Europe were raised by 16% in the last three quarters of 2015 when compared with 2014 level.

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 2018.

The above information is provided on a regional and country basis for the following:
• North America (U.S., Canada, Mexico)
o Europe (UK, Germany, Italy, Hungary, France)
o Asia Pacific (Russia, China, Australia, India, Indonesia, Iran)
o MEA (Algeria, Egypt)
o Latin America (Brazil, Argentina)

Algeria gas pipeline infrastructure market is predicted to grow over 6% by 2024. 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.

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