5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
Thailand midstream oil & gas market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021.
The midstream sector forms the essential segue between the retrieval and processing segments of the oil & gas market. The investments in this sector are expected to increase with the major companies faring well during the market downturn. The complex midstream sector, sometimes, has to deal with the geopolitics involved in the routing of the pipelines. Hence, these pipelines have to be designed with enhanced security for supplies that further help in stabilizing the energy markets. As the exploration for new wells moves into harsh offshore environment, there is an increase in the FPSO’s, drill ships and other offshore support vessels deployed for the transportation operations. During the oil & gas market downturn in 2015, this sector was insulated from the huge losses that the other sectors suffered. An analysis of the sector done by Mordor Intelligence, shows that the employment rate during the oil & gas market downturn has increased in this sector as opposed to the decrease in the upstream sector. Additional investments have also been made in this sector whereas the upstream sector saw a decrease in investments.
Thailand invested USD XX billion between 2013 and 2015 in the midstream oil & gas market and it is estimated that an additional USD XX billion would flow in by 2021.Thailand midstream oil & gas business has currently a network of laid pipelines of length close to XX km and an additional length of about XX km is being planned with an investment of USD XX billion. Thailand also maintains the secondary logistics supply through barges, rail cars and truck fleet. Thailand transports XX million barrels of crude oil each day.
Key Deliverables in the Study
5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
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