Near-term pipeline plans grow, longer-term projects sag

02/06/2012
Planned pipeline construction to be completed in 2012 rose 6.7% from the previous year, with increases in planned crude and natural gas pipelines more than countering sharply reduced products pipeline construction plans. Operators plan to complete installing 8,887 miles in 2012 alone (Table 1), with natural gas construction's share of the plans (more than 6,900 miles) making up nearly 78% of the total, based on reports from the world's pipeline operating companies and data collected by Oil & Gas Journal. Looking forward to 2012 and beyond, however, for the fourth consecutive year less mileage is planned than had been the year before, as fiscal worries in a number of regions continue t...
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