Global Capacity and Capital Expenditure Outlook for Gas Processing Plants 2017 – Africa to Experience Most Capacity Growth – Research and Markets
DUBLIN–(BUSINESS WIRE)–The “Global
Capacity and Capital Expenditure Outlook for Gas Processing Plants –
Africa to Experience Most Capacity Growth” report has been
added to Research and Markets’ offering.
Globally, the gas processing industry is expected to grow by around 13%
over the next four years.
Among regions, Africa and the Middle East lead in terms of planned gas
processing capacity additions by 2021. Among companies, National Iranian
Oil Company, Gazprom, and Saudi Aramco would lead in terms of capacity
additions. Gazprom also leads in terms of capital expenditure on new
planned projects, with over US$12 Billion is expected to be spent by
2021. The Amur terminal in Russia and the Prudhoe Bay II terminal in the
US are the largest planned processing plants globally in terms of
capacity by 2021.
A total of 49 new gas processing plants were announced since the
previous report was published in August 2016. Of these, 29 are in North
America, seven in Asia, six in the Middle East, two each in Africa and
the Former Soviet Union (FSU) and South America, and one in the
Caribbean. Two projects were canceled globally since the previous report
was published in August 2016. One was the Gloucester plant in Oceania
and the other was the Sullom Voe processing plant in Europe.
A total of eight projects were stalled since the previous report. Of
these, six are in North America, with one each in Europe and the Middle
East. The Middle East is expected to add the highest gas processing
capacity by 2021, about 21.9 bcfd with 34 planned projects. North
America follows, with the planned additions of 12.6 bcfd of capacity
through 86 projects.
A total of US$100.3 Billion is expected to be spent for planned
new-build gas processing plants. The Middle East and the FSU lead
globally in terms of capital expenditure (capex) over the next four
years. The two regions are expected to spend US$27.7 Billion and US$22.6
Billion on additions of planned processing capacity, respectively.
Russia and the US are expected to be the top spenders on new-build gas
processing plants, with US$15 Billion and US$12.9 Billion to be spent by
2021, respectively.
Among companies, Gazprom has the highest proposed capex for planned
projects during the 2017-2021 period, of US$12.4 Billion. National
Iranian Oil Company (NIOC) is expected to add the most gas processing
capacity among companies by 2021, of 4.9 bcfd.
Key Topics Covered:
1. Table of Contents
2. Global Gas Processing Industry
2.1. Key Highlights
2.2. New Project Announcements
2.3. New Project Cancellations
2.4. Stalled Gas Processing Projects
2.5. Global Gas Processing Capacity and Capex Outlook
2.6. Regional Capex Spending Outlook by Country and Company
2.7. Capacity Additions through Planned (New Build) Gas Processing
Plants by Facility Type
2.8. Global Planned (New Build) Major Dehydration Type Gas Processing
Plants
2.9. Global Planned (New Build) Major Fractionation Type Gas Processing
Plants
2.10. Global Planned (New Build) Major Sulfur Recovery Type Gas
Processing Plants
2.11. Global Planned (New Build) Major Sweetening Type Gas Processing
Plants
2.12. Global Stalled Gas Processing Plants
3. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/7cznh3/global_capacity
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Related
Topics: Gas