Russia will build 22,065 km (13,000 miles) of oil and gas pipelines by 2022, which will account for around 75% of planned and announced additions in the Commonwealth of Independent States (CIS), according to GlobalData.
The company’s report, ‘Oil and Gas Pipelines Industry Outlook in Former Soviet Union to 2022’, forecasts that around 27,720 kilometers (km) of planned and announced oil and gas pipeline length will be added in the Former Soviet Union by 2022, taking the region’s total oil and gas pipeline length to around 419,268 km by 2022.
Russia also has the highest new build capital expenditure (capex) of around $78.8 billion for the 2018–2022 period. Russia–India is the longest planned natural gas pipeline in the country as well as for the region. It is expected to start its operations in 2022 with a planned length of 6,000 km.
“Russia is further expanding its massive natural gas pipeline network for exports. The country is building pipelines to transport its natural gas to demand centers such as China, India and Western Europe,” says Soorya Tejomoortula, Oil & Gas Analyst at GlobalData.
The company identifies Turkmenistan as the second highest in terms of oil and gas pipeline length additions and also in spending on planned pipelines in the Former Soviet Union oil and gas pipelines industry. The country has planned investment of around US$14.95bn by 2022 and plans to add total length of 3,100 km of oil and gas pipelines by 2022.
The Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline with a length of 1,800 km is the major planned and announced oil and gas pipeline in the country.