"Global Oil & Gas Pipelines Market Expected to Total $60.29bn in 2012" According to New Visiongain Research Report
Modern pipelines are generally the most economical way of transporting large quantities of oil and gas overland from its extraction point to refineries, storage and consumption areas. Regardless of the current tentative global economic situation, demand for oil and gas still remains strong and is likely to over the coming ten years. Connecting unconventional and offshore oil and gas to consumption centres will also help drive the market for oil and gas pipelines.
The growth in the oil and gas pipelines expenditure will be fuelled by the emerging countries of China, Brazil and Venezuela as well as some mature markets such as Canada and Russia. The overall spending on the oil and gas pipelines systems will depend on the future oil price developments, the level of natural gas demand and the expansion of unconventional oil and gas activity. Demand for energy is expected to rise significantly during the forecast period 2012-2022, despite the fact that in the short run the growth will be hampered by the Euro-zone crisis and declining economic growth in emerging countries.
Though the industry will be faced with the restraints of a weak global economy, political instability in certain parts of the world and the expansion of LNG infrastructure, the oil and gas pipelines market is likely to provide substantial opportunities for potential investors. This report offers an examination of the oil and gas market over the next decade, providing detailed market forecasts for the leading 30 national markets, offering in-depth analysis of the opportunities and challenges facing companies in the oil and gas pipelines market throughout the world.
Visiongain’s The Oil & Gas Pipelines Market Analysis 2012-2022 report details the prospects for this dynamic energy sector with detailed forecasts from 2012-2022. The report also describes the most important technological changes within the oil and gas pipelines industry and assesses their importance for the growth of the market over the long-term. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the oil and gas pipelines market. The report includes 202 tables, charts and graphs quantifying and forecasting the market in detail. In addition, the report offers profiles of 32 of the leading companies involved in the oil and gas pipelines business. The report will be valuable to those already involved in the oil and gas pipelines market or to those wishing to enter this important market in the future.
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