10 September 2016
Visiongain’s new 264 page report Global Gas Processing Infrastructure Market : Capex & Capacity Forecasts and Project Details for Onshore Processing Plants indicates that the Gas Processing Infrastructure market will see CAPEX of $12.88bn in 2016 on new plants.
The lead analyst of the report said: “Investment in gas processing infrastructure is dictated by unique supply and demand circumstances in different geographies, such as the unconventional gas boom in the US and Canada and growth in the domestic demand for gas in places like the UAE and Saudi Arabia. The re-entrance of Iran in the global oil and gas sphere will result in large investments being made in order to process gas that will be produced from the remaining phases of the South Pars field. Russia will also be a major driver of growth in the global gas processing market as it has signed a 30 year contract to supply gas to China, and is therefore focused on constructing a plant that will exclusively process gas for Chinese exports.
The global gas processing market is set to witness continuous investment throughout the forecast period, though the location of these investments will vary significantly year-on-year. The current low oil price has resulted in a slowdown in investments on gas field developments, in turn delaying processing projects. However, most of these projects will not be cancelled as there is wider global requirement for gas with countries seeking to reduce their emission levels, utilising gas as a cleaner transitional fuel.”
The report contains 177 tables, charts and graphs that add visual analysis in order to explain developing trends within the gas processing infrastructure market. Visiongain provides annual CAPEX forecasts and analysis for the period 2016-2026 for the global market, as well as a CAPEX and capacity forecast for the six main regional markets and 16 main national markets. A companies’ chapter provides detailed analysis and outlooks for the top 10 companies that are forecast to invest on gas processing infrastructure projects, while the report also includes tables detailing all existing, under construction and planned onshore gas processing infrastructure. The transcripts of interviews with Twister BV and ADI Analytics provide expert opinion to go alongside visiongain’s forecasts and analysis.
Gas Processing Infrastructure Market 2016-2026 report will be of value to existing and potential stakeholders and investors in the gas processing industry. It will be useful for stakeholders already involved in the industry, or for those wishing to understand and appreciate the trajectory and state-of-play of an industry of growing importance to the global energy industry
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