HomeMagazine2010June 2010 Vol. 237 No. 6Economic Outlook Brightens For Pipeline Coating Developments

June 2010 Vol. 237 No. 6

Features

Economic Outlook Brightens For Pipeline Coating Developments

The economic crisis has affected pipeline construction as with many other industries, because of the lack of availability of finance for new projects, and because of the drop in oil and gas prices. However, oil prices are starting to rise again in 2010 and the outlook for pipe coating is very encouraging, according to Noru Tsalic, Consultant at Applied Market Information. He was speaking at the AMI conference on Pipeline Coating held February in Vienna, Austria. Russia has the largest natural gas reserves and is in the top 10 for oil reserves. Transneft has 49,000 km of pipelines and Gazprom, the world’s largest gas company, has 169,000 km of gas transmission systems accor

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