Press Release

Middle East & Africa Oil & Gas Pipeline Market is expected to grow with a CAGR of 8.59% through to 2028

Economic growth and industrialization in the Middle East & Africa region contribute to an increased demand for energy are expected to drive the Middle East & Africa Oil & Gas Pipeline Market growth in the forecast period, 2024-2028.


According to TechSci Research report, “Middle East & Africa Oil & Gas Pipeline Market - By Country, Competition, Forecast and Opportunities, 2018-2028”, the Middle East & Africa Oil & Gas Pipeline Market is expected to register a robust during the forecast period, 2024-2028. The strategic geographic location of the Middle East, which houses some of the world's largest oil and gas reserves, positions the region as a critical player in the global energy market. The need to transport these vast reserves to both domestic and international markets underscores the importance of robust pipeline infrastructure. The geographical advantage enhances the economic significance of pipeline development, fostering a strategic role in the global energy supply chain. The increasing global demand for natural gas presents a significant opportunity for the MEA region, which holds abundant gas reserves. Investing in the development of natural gas infrastructure, including pipelines and liquefied natural gas (LNG) facilities, can position the region as a major exporter of gas to meet the rising global demand. This opportunity aligns with the global shift towards cleaner energy sources, making the MEA region a key player in the emerging gas market.

 

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Based on source, Upstream segment has emerged as the predominant market leader. The geopolitical landscape and economic conditions significantly impact the upstream segment of the Oil & Gas Pipeline Market in the Middle East and Africa. Geopolitical stability is crucial for sustained exploration and production activities, as uncertainties and conflicts can disrupt operations and affect the strategic planning of pipeline routes. Economic factors, such as oil prices and global demand, also play a vital role. Fluctuations in oil prices can influence investment decisions, impacting the pace and scale of upstream projects. Economic diversification efforts in some Middle Eastern countries contribute to a broader perspective on the role of upstream pipelines in supporting economic goals beyond traditional oil exports. Increasing environmental awareness and evolving regulatory frameworks are influencing the upstream segment's operations in the Middle East and Africa. Governments and industry stakeholders are under growing pressure to adopt environmentally sustainable practices in exploration and production. This includes adherence to environmental impact assessment standards, carbon reduction initiatives, and the responsible development of unconventional resources. In the context of upstream pipelines, compliance with environmental regulations is crucial, and operators must incorporate environmentally friendly practices in pipeline design, construction, and operation. This trend reflects a broader global shift towards more sustainable and responsible energy development practices. In conclusion, the upstream segment of the Middle East & Africa Oil & Gas Pipeline Market is shaped by exploration and production trends, technological advancements, geopolitical and economic factors, environmental considerations, and the ongoing development of infrastructure to support upstream operations.   Based on type, Natural Gas Pipeline segment is expected to grow during the forecast period. Advancements in technology are transforming the operations of natural gas pipelines in the MEA region. Digitalization, automation, and the integration of smart technologies are enhancing the efficiency, safety, and reliability of gas pipeline networks. Advanced monitoring systems, including sensors and control systems, provide real-time data on pipeline conditions, enabling operators to detect and address issues promptly. The use of predictive analytics and artificial intelligence in pipeline operations is becoming more prevalent. These technologies help predict potential maintenance needs, optimize pipeline performance, and improve overall operational efficiency. Remote sensing technologies, such as satellite imagery and drones, are also employed for monitoring pipeline routes and detecting potential environmental hazards. The natural gas pipeline segment is closely linked to the development of liquefied natural gas (LNG) infrastructure in the MEA region. LNG terminals require extensive pipeline networks to transport natural gas from production facilities to processing plants and eventually to export terminals. The increasing global demand for LNG has led to a surge in investments in LNG infrastructure, driving the need for robust natural gas pipelines. Countries with significant natural gas reserves, such as Qatar and Mozambique, are investing in LNG projects, contributing to the expansion of natural gas pipeline networks. The growth of LNG infrastructure enhances the flexibility of natural gas transportation, allowing for exports to global markets and positioning the MEA region as a key player in the global LNG trade. Regulatory considerations are crucial in the natural gas pipeline segment, encompassing safety standards, environmental regulations, and cross-border agreements. Compliance with these regulations is paramount to ensure the safe and sustainable operation of natural gas pipelines.


Major companies operating in Middle East & Africa Oil & Gas Pipeline Market are:

  • Saudi Aramco Oil Co.
  • Abu Dhabi National Oil Company
  • Sonatrach SPA
  • Transnet SOC Ltd
  • Petroleum Development Oman
  • OQ SAOC
  • Botas Petroleum Pipeline Corporation
  • Emirates National Oil Company
  • Gazprom Middle East 
  • Abu Dhabi Metal Pipes & Profiles Industries Complex LLC


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“China is expected to dominate the market during the forecast period. Saudi Arabia has invested heavily in developing an extensive network of oil and gas pipelines to transport its hydrocarbon resources efficiently. Pipelines play a crucial role in connecting oil and gas fields with processing facilities, export terminals, and domestic consumption centers. Key pipelines, such as the East-West Pipeline and the Master Gas System, contribute to the seamless transportation of oil and gas across the country.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Middle East & Africa Oil & Gas Pipeline Market Segmented By Type (Crude Oil Pipeline and Natural Gas Pipeline), By Application (Offshore and Onshore), By Source (Upstream, Midstream and Downstream), By Country, By Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of Middle East & Africa Oil & Gas Pipeline Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Middle East & Africa Oil & Gas Pipeline Market.


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Middle East & Africa Oil & Gas Pipeline Market Segmented By Type (Crude Oil Pipeline and Natural Gas Pipeline), By Application (Offshore and Onshore), By Source (Upstream, Midstream and Downstream), By Country, By Competition Forecast & Opportunities, 2018-2028

Oil and Gas | Jan, 2024

Governments in the region are investing in pipeline infrastructure to ensure a stable and secure energy supply chain is one of the factors driving the Middle East & Africa Oil & Gas Pipeline market in the forecast period 2024-2028.

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