Iran is expected to be a leading country in the Middle East’s oil and gas sector when it comes to new-build trunk/transmission pipeline length additions, according to the World Pipelines.
The country plans to contribute to around 43% of the region’s projected and announced pipeline length additions between 2020 and 2023, GlobalData revealed.
According to GlobalData’s report, ‘Global Planned Oil and Gas Pipelines Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Planned Pipelines’, Iran is anticipated to have new-build pipeline length of 7,496 kilometers (km) by 2023.
“Iranian Gas Trunk line – IGAT IX is the longest upcoming pipeline in the country with a length of 1,863 km. It is a natural gas pipeline that is expected to start operations in 2022. National Iranian Gas Company owns a 100% equity stake in the pipeline and will also be its operator,” Adithya Rekha, Oil and Gas Analyst at GlobalData, commented.