Oil And Gas Pipeline Market: Global Industry Analysis and Forecast (2024-2030)
The Asia-pacific region dominated the oil and gas pipeline segment during the forecast period 2024-2030. Last year, the pipeline industry was thrust under the spotlight as a result of the Russia-Ukraine crisis. Russia is Europe's principal supplier of natural gas. Russia supplied 45% of the EU's natural gas imports in 2021. Russia and Pakistan agreed to build a new gas-carrying pipeline worth USD 2 billion. India and Russia also signed a deal worth USD 40 billion on natural gas exports to India.