HomeMagazine2014March 2014, Vol. 241 No. 3Pipeline Industry Growth Fueled By Increasing Global Energy Demand, Shale Gas Exploration

March 2014, Vol. 241 No. 3

Features

Pipeline Industry Growth Fueled By Increasing Global Energy Demand, Shale Gas Exploration

Increasing oil and natural gas consumption in Asia-Pacific has made a significant contribution to the need for increased pipeline construction investment worldwide. The region is expected to surpass Europe to become a major growth gas market by 2015. Developing economies in the Asia-Pacific region, such as India and China, have been importing substantial quantities of crude oil and natural gas for domestic consumption and industrial use. The Middle East, China and India are also improving the domestic production of petroleum products by introducing new refineries and increasing the capacity of existing ones. Developments of this kind have necessitated the establishment of new pi

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