China Oil and Gas Midstream Market

China Oil and Gas Midstream Market by Types (Storage, Transportation, and Liquefied Natural Gas Terminals) and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-4020
  • Author: Growth Market Reports
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  • No. Of Pages: 176
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The China oil and gas midstream market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the increasing production and consumption of natural gas.

China Oil and Gas Midstream Market summary

Midstream oil and gas sector includes services and procedures that come in between of the upstream and downstream oil and gas sector. Activities in midstream section includes processing, transportation, and storage of crude oil and natural gas. In most general cases, oil and gas reserves are not located in the same geographic location as major consumption regions and refining assets. Transportation is a major part of midstream activities and can include using rail cars, pipelines, tanker ships, and trucking fleets. The midstream oil and gas division is kept apart from downstream and upstream in many of the oil companies as it is considered as a low risk and regulated kind of business. Processing oil and gas liquids into saleable and usable products is the starting operation in the midstream process.  Processing involves procedures, such as measuring the production rate of oil, gas, and water from reservoir, separating the three components from each other, and removing the impurities from the components to prepare crude oil and gas. After the field processing, treated oil and gas is transported via a complex transportation, transmission and supply arrangement. The storage of oil and gas is separated from each other. Storage facilities for refined liquids and crude oil includes bulk terminals, holding tanks, and refinery tanks to get oil into pipelines or prepared to be transported vessel. Natural gas has extremely high pressure, so it is stored in underground reservoirs till the time of transportation. The midstream segment has an important role in the oil and gas energy operations. It helps in transportation of the raw crude oil and gas obtained from reservoirs and transform it into functional crude products, which is used by the end-users.

The COVID-19 pandemic outbreak had considerably impacted the China oil and gas midstream market. During the pandemic, the storage facilities was in constantly usage for storing hydrocarbons as well as the pipelines was also used for the transportation of fuel. Additionally, resilient demand for LNG also increased during the pandemic, which kept the demand for midstream services normalized. However, the lockdown imposed by government bodies across the country, social distancing, remote working, and closure of commercial activities as part of policies to curb the virus spread created some operational challenges for midstream oil and gas sector, such as low prices for crude oil and overproduction due to gap in demand and supply chain.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing government policies for increasing the production of oil and gas in the country is one of the key factors driving the market.
  • Rising demand for wide network of pipeline across the country for the safe and quick transportation of natural gas is projected to boost the market during the forecast period.
  • Growing environmental concern regarding transportation infrastructure and new pipeline acts as a major challenge that can restrict the market growth in the coming years.
  • Decreasing production of oil in the country is expected to hamper the market growth during the projected timeline.
  • Escalating investment and development of small and complex offshore fields in different areas of country is anticipated to create significant growth opportunities for the market.

Scope of the Report

The report on the China oil and gas midstream market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Oil and Gas Midstream Market - China Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Storage, Transportation, and Liquefied Natural Gas Terminals)

Country

China

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

PJSC Gazprom; China Petroleum & Chemical Corp.; POSCO; China National Petroleum Corp.; and PJSC Gazprom

Market Segment Insights

Transportation segment to grow at high CAGR

In terms of types, the China oil and gas midstream market is divided into storage, transportation, and liquefied natural gas terminals. The transportation segment is estimated to grow at high CAGR during the forecast period owing to the increasing demand for supplying oil and gas in different parts of country. On the other hand, the liquefied natural gas terminals segment is anticipated to register significant growth during the projected period attributed to the rising need of terminals for managing, importing, exporting, and refilling the liquefied natural gas.

China Oil and Gas Midstream Market types

Segments

Segments Covered in the Report
The China oil and gas midstream market has been segmented on the basis of
Types

  • Storage
  • Transportation
  • Liquefied Natural Gas Terminals

Country

  • China

Key Players

Competitive Landscape

Key players competing in the China oil and gas midstream market are PJSC Gazprom; China Petroleum & Chemical Corp.; POSCO; China National Petroleum Corp. Companies are focusing on expanding the mainstreaming capacity for fulfilling the high product demand from the market and to maintain their competitive position in the market. Companies have been widely engaged in collaborations, strategic partnership, merger & acquisition, and joint ventures to boost their market share and acquire new buyers.

For instance, in December 2019, a planned pipeline was completely constructed, between the China and Russian Federation through Siberia. Power of Siberia, which is the name of the project, was taken into operation and the deliveries of Russian gas to China through first-ever pipeline were launched.

China Oil and Gas Midstream Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil and Gas Midstream Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oil and Gas Midstream Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oil and Gas Midstream Market - Supply Chain
  4.5. Global Oil and Gas Midstream Market Forecast
     4.5.1. Oil and Gas Midstream Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oil and Gas Midstream Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Oil and Gas Midstream Market Absolute $ Opportunity
5. Global Oil and Gas Midstream Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Oil and Gas Midstream Market Size and Volume Forecast by Types
     5.3.1. Storage
     5.3.2. Transportation
     5.3.3. Liquefied Natural Gas Terminals
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Oil and Gas Midstream Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Oil and Gas Midstream Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Oil and Gas Midstream Demand Share Forecast, 2019-2026
7. North America Oil and Gas Midstream Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Oil and Gas Midstream Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Oil and Gas Midstream Market Size and Volume Forecast by Types
     7.4.1. Storage
     7.4.2. Transportation
     7.4.3. Liquefied Natural Gas Terminals
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Oil and Gas Midstream Demand Share Forecast, 2019-2026
8. Latin America Oil and Gas Midstream Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Oil and Gas Midstream Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Oil and Gas Midstream Market Size and Volume Forecast by Types
     8.4.1. Storage
     8.4.2. Transportation
     8.4.3. Liquefied Natural Gas Terminals
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Oil and Gas Midstream Demand Share Forecast, 2019-2026
9. Europe Oil and Gas Midstream Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Oil and Gas Midstream Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Oil and Gas Midstream Market Size and Volume Forecast by Types
     9.4.1. Storage
     9.4.2. Transportation
     9.4.3. Liquefied Natural Gas Terminals
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Oil and Gas Midstream Demand Share Forecast, 2019-2026
10. Asia Pacific Oil and Gas Midstream Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Oil and Gas Midstream Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Oil and Gas Midstream Market Size and Volume Forecast by Types
     10.4.1. Storage
     10.4.2. Transportation
     10.4.3. Liquefied Natural Gas Terminals
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Oil and Gas Midstream Demand Share Forecast, 2019-2026
11. Middle East & Africa Oil and Gas Midstream Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Oil and Gas Midstream Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Oil and Gas Midstream Market Size and Volume Forecast by Types
     11.4.1. Storage
     11.4.2. Transportation
     11.4.3. Liquefied Natural Gas Terminals
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Oil and Gas Midstream Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Oil and Gas Midstream Market: Market Share Analysis
  12.2. Oil and Gas Midstream Distributors and Customers
  12.3. Oil and Gas Midstream Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. PJSC Gazprom
     12.4.2. China Petroleum & Chemical Corp.
     12.4.3. POSCO
     12.4.4. China National Petroleum Corp.

Segments Covered in the Report
The China oil and gas midstream market has been segmented on the basis of
Types

  • Storage
  • Transportation
  • Liquefied Natural Gas Terminals

Country

  • China

Key Players

Key players competing in the China oil and gas midstream market are PJSC Gazprom; China Petroleum & Chemical Corp.; POSCO; China National Petroleum Corp. Companies are focusing on expanding the mainstreaming capacity for fulfilling the high product demand from the market and to maintain their competitive position in the market. Companies have been widely engaged in collaborations, strategic partnership, merger & acquisition, and joint ventures to boost their market share and acquire new buyers.

For instance, in December 2019, a planned pipeline was completely constructed, between the China and Russian Federation through Siberia. Power of Siberia, which is the name of the project, was taken into operation and the deliveries of Russian gas to China through first-ever pipeline were launched.

China Oil and Gas Midstream Market keyplayers

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