North America Will Contribute 44% of Global Crude Oil Pipeline Additions to 2022, Says GlobalData

OilVoice | Staff
Booming unconventional oil and gas production is in turn driving the growth of the pipeline network in the U.S.
North America is forecast to add the highest trunk pipeline length to the global crude oil pipelines industry of any region between 2018 and 2022, contributing a total length of 16,136 km, which is 44% of global planned additions, according to leading data and analytics company GlobalData. The company’s report: ‘Global Crude Oil Pipelines Industry Outlook to 2022′ forecasts that around 36,876 kilometers (km) of planed pipeline length will be added globally by 2022, taking the total global crude oil pipeline length to 398,769 km by 2022.
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