Iran is expected to dominate the Middle East’s oil and gas trunk/transmission pipeline length additions from upcoming projects between 2023 and 2027, accounting for around 38% of the region’s total planned and announced pipeline additions by 2027, according to GlobalData, a leading data and analytics company
GlobalData’s latest report, ‘Oil and Gas Pipelines Length and Capital Expenditure (CapEx) Outlook by Region, Countries and Companies including Details of New Build (Planned and Announced) Projects and Forecast, 2023-2027’, reveals that Iran is likely to add a planned pipeline length of 5,340 km (from projects that received all necessary approvals) and an announced pipeline length of 770 km (projects that are yet to receive all necessary approvals) by 2027.
Bhargavi Gandham, Oil & Gas analyst at GlobalData, commented, “Natural gas pipelines account for more than half of the total transmission pipeline length additions in Iran by 2027. These additions will help the country to meet high domestic gas demand from its industrial, petrochemicals, and residential sectors.”
Iranian Gas Trunk Line–IGAT XI pipeline is the largest upcoming transmission pipeline project by 2027 in the country, with a total length of 1,200 km. This onshore gas pipeline is presently in the construction stage and is likely to begin operations in 2023. To be owned and operated by National Iranian Gas Co, it helps to meet gas demand in provinces such as Bushehr, Fars, Yazd, and Isfahan.
With a total length of 1,000 km, Goureh–Jask oil pipeline ranks second among upcoming transmission pipelines in Iran. This onshore oil pipeline is presently in the commissioning stage and is scheduled to start operations in 2023. To be operated by Petroleum Engineering and Development Co, it helps to transport crude oil to its Jask oil terminal for storage and exports.
GlobalData estimates Iraq to occupy second place in the Middle East in terms of transmission pipeline length additions, with 3,078 km by 2027. Oil pipelines account for almost entire pipeline length additions in the country. Basra–Aqaba Oil, and Iraq–Turkey II are the major upcoming oil pipelines with a length of 1,700 km and 1,000 km, respectively. Both pipelines are being planned for oil exports from the country.
