Middle East & Africa Oil & Gas Midstream Market is Expected to Register a 7.07% CAGR Through 2030
Increasing Energy Demand & Supply Needs and Geopolitical
Stability & Strategic Position are likely to propel the market during the
forecast period.
According to
TechSci Research report, “Middle East & Africa Oil & Gas
Midstream Market – By Country, Competition, Forecast and Opportunities, 2020-2030F”,
Middle
East & Africa Oil
& Gas Midstream Market was valued at USD 11.10 Billion in 2024 and is
expected to reach USD 16.87 Billion by 2030 with a CAGR of 7.07% during the
forecast period.
Regional cooperation has become a
significant trend in the MEA oil and gas midstream market, as countries in the
region increasingly recognize the value of collaborative energy infrastructure
projects. The vast geography of the MEA region, along with political and
economic challenges, makes it essential for countries to build interconnected
energy networks that can facilitate the transportation and distribution of oil,
gas, and refined products across borders.
One of the most notable examples of
regional cooperation is the development of cross-border pipelines. Projects
such as the Trans-Saharan Gas Pipeline, which aims to transport Nigerian
natural gas to Europe via Algeria, and the planned East African Crude Oil
Pipeline (EACOP) between Uganda and Tanzania, illustrate the growing trend
toward collaborative infrastructure projects. These pipelines are not only
critical for facilitating energy exports but also offer economic benefits by
improving regional energy security, creating jobs, and generating revenue for
the countries involved.
The GCC countries, which include some of
the largest oil producers in the world, are also investing in shared midstream
infrastructure projects. The Gulf Cooperation Council Interconnection Grid
(GCCGI) is a project that connects the electricity grids of several GCC
countries, helping to balance energy supply and demand across the region. This
regional energy collaboration allows countries to pool resources, mitigate
risks, and increase efficiency in energy distribution, particularly in times of
high demand or supply disruptions.
Moreover, cross-border cooperation in
LNG infrastructure is increasing, with countries like Qatar, Oman, and the UAE
developing interconnected LNG terminals. These terminals enable the region to
import and export natural gas more efficiently, providing greater flexibility
in meeting domestic demand and participating in the global LNG market. This
trend toward greater integration of the regional energy market is expected to
continue, with new pipelines, storage facilities, and power grids being
developed to promote energy trade and economic growth across the region.
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Based
on Midstream Services, Inspection and maintenance are crucial components of the
Middle East and Africa (MEA) oil and gas midstream market due to the region’s
extensive infrastructure and the critical role that pipelines, storage
facilities, and transportation networks play in global energy supply chains. As
one of the world’s largest producers and exporters of crude oil, natural gas,
and petroleum products, the MEA region relies heavily on a vast network of
midstream infrastructure, including pipelines, tanks, and terminals. Ensuring
the safe, efficient, and reliable operation of this infrastructure is vital for
meeting both domestic energy needs and global export commitments.
Given
the harsh environmental conditions in many parts of the MEA region, including
extreme temperatures, corrosive substances, and the frequent occurrence of
sandstorms, maintaining the integrity of midstream infrastructure becomes even
more challenging. Over time, pipelines and other facilities are subject to wear
and tear, corrosion, and potential damage from external forces, such as
geological events or accidental impacts. Regular inspection and maintenance are
essential to identifying potential issues before they lead to costly repairs,
operational downtime, or, more critically, safety hazards such as leaks or
ruptures.
Advanced
technologies, such as smart sensors, drones, and automated monitoring systems,
have revolutionized the way inspections are conducted in the MEA region. These
technologies allow for real-time data collection, early detection of problems
like corrosion or blockages, and predictive maintenance, reducing the need for
costly unplanned shutdowns. Moreover, adopting digitalization in maintenance
operations helps optimize resource allocation, improve efficiency, and enhance
the overall safety of midstream infrastructure.
Due
to the high costs of infrastructure repair and the strategic importance of oil
and gas exports, investment in inspection and maintenance is not just about
operational efficiency—it is also a critical measure to safeguard energy
security. Therefore, continuous focus on robust inspection protocols and timely
maintenance is indispensable for the long-term sustainability and reliability
of the MEA oil and gas midstream market.
Based
on Country, Qatar is emerging as the fastest-growing country in the Middle East
and Africa oil and gas midstream market, driven by its ambitious liquefied
natural gas (LNG) expansion strategy, strategic partnerships, and robust
infrastructure development.
Central
to this growth is Qatar Energy's North Field expansion project, which aims to
increase LNG production capacity from 77 million tonnes per annum (mtpa) to 142
mtpa by 2030—a remarkable 85% increase. This expansion is underpinned by the
discovery of significant additional gas reserves in the North Field, estimated
at 240 trillion cubic feet, raising Qatar's total gas reserves to over 2,000
trillion cubic feet.
Qatar's
strategic geographic location offers a competitive advantage, enabling
efficient LNG exports to both European and Asian markets. The country's
commitment to long-term supply agreements, such as the recent 15-year deal with
Kuwait for 3 million tons of LNG annually starting in 2025, underscores its
role as a reliable energy partner.
Infrastructure
development is another key driver. Ras Laffan Industrial City, Qatar's main
site for LNG production, hosts state-of-the-art facilities, including the
world's largest LNG export terminal. The city's advanced infrastructure
supports Qatar's capacity to meet growing global energy demands. Moreover, Qatar is investing in sustainability
initiatives, such as carbon capture and storage (CCS) projects, to reduce the
environmental impact of its energy sector. These efforts align with global
trends towards cleaner energy and enhance Qatar's appeal to environmentally
conscious markets.
Major companies
operating in the Middle East & Africa Oil & Gas Midstream Market are:
- Royal Dutch Shell PLC
- Exxon Mobil Corporation
- Chevron Corporation
- Enbridge Inc.
- Kinder Morgan, Inc.
- TransCanada Corporation
- Williams Companies, Inc.
- Enterprise Products Partners L.P.
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“The Middle East and Africa (MEA) oil and
gas midstream market presents significant growth opportunities due to the
region's vast hydrocarbon reserves, increasing energy demand, and strategic
geopolitical position. Key opportunities lie in the expansion of natural gas
infrastructure, development of cross-border pipelines, and the growth of LNG
export facilities. Additionally, the rising focus on energy transition
technologies, such as carbon capture and storage (CCS) and digital solutions,
offers avenues for innovation. Increasing regional cooperation and
public-private partnerships further enhance investment prospects, making MEA an
attractive region for midstream infrastructure development and operational
improvements.,” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“Middle East & Africa
Oil & Gas Midstream Market, By Pipeline
Transportation (Crude Oil, Natural Gas, Product Pipelines), By Storage
Solutions (Tank Farms, Underground Storage, Floating Storage), By Midstream
Services (Inspection & Maintenance, Safety & Compliance) By Country,
Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of Middle East & Africa Oil & Gas Midstream Market and
provides statistics & information on Market size, structure and future Market
growth. The report intends to provide cutting-edge Market intelligence and help
decision-makers make sound investment decisions., The report also identifies
and analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Middle East & Africa Oil & Gas Midstream Market.
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