The U.S. is expected to contribute around 21 per cent of global new-build trunk or transmission pipeline additions between 2019 and 2023.
According to a report form GlobalData titled “H2 2019 Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines – India and the U.S. Dominate New-Build Pipeline Length Additions”, the U.S. is set to have a planned new-build pipeline length of 14,162km and an announced new-build pipeline length of 20,230km by 2023.
Sunrita Dutta, Oil and Gas Analyst at GlobalData, commented: “Liberty Oil is the largest upcoming pipeline project in the country with a new-build length of 2,172km. The pipeline is proposed from a pump station in Guernesy to an oil terminal at Cushing VII. It is expected to start operations in 2021.”
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