Southeast Asia Oil and Gas Midstream Market

Southeast Asia Oil and Gas Midstream Market by Transportation, Storage, LNG Terminals, and Geographies (Thailand, Vietnam, Malaysia, Indonesia, and Rest of Southeast Asia)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: EP-1660
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 184
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The Southeast Asia oil and gas midstream market size is anticipated to expand at a CAGR of 4.6% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing consumption of oil and natural gas.


Southeast Asia Oil and Gas Midstream Market summary

The oil and gas industry is divided into three components that are upstream, midstream, and downstream. Midstream falls between upstream and downstream. Midstream activities include storage, processing, transportation by pipeline, rail, oil tanker, or truck of petroleum products, and wholesale marketing of crude or refined petroleum products. Companies in the market provide operating services of tanker ships, pipelines, and storage facilities.

Pipelines and other transport systems is used to move crude oil from production site to refineries as well as deliver various refined products to downstream distributors. Natural gas pipeline networks aggregate gas from natural gas purification plants and deliver it to downstream customers, which includes local utilities. The midstream operations do include some elements of the upstream and downstream activities. The midstream sector includes natural gas processing plants that purify the raw natural gas as well as removes and produces elemental sulfur and natural gas liquids (NGL) as finished end-products.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing pipeline capacity in the region is expected to drive the market growth during forecast period.
  • Major overhauling of oil and gas laws in emerging countries is expected to attract foreign direct investment, fueling the market growth.
  • Rising number of upcoming pipeline infrastructure projects in countries such as Thailand and Malaysia is speculated to spur the growth of the market.
  • Increasing consumption of oil owing to rapid industrialization is expected to propel the market growth.

Scope of the Report

The report on the Southeast Asia oil and gas midstream market research report 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

Southeast Asia oil and gas midstream market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Transportation, Storage, and LNG Terminals

Geographic Scope

Thailand, Vietnam, Malaysia, Indonesia, and Rest of Southeast Asia

Report Coverage

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

Key Players Covered in the Report

PT Pertamina, PTT Public Company Limited, TechnipFMC plc, Vietnam Oil and Gas Group, and PT. Connusa Energindo.

Global Southeast Asia oil and gas midstream Market Segment Insights

Transportation segment to dominate the market share

The transportation segment is anticipated to dominate the market share.  Increasing number of oil and gas pipeline networks in Southeast Asia countries is expected to proliferate the demand for transportation systems in the market. Growing oil and gas supply in different regions is expected to boost the existing transportation capacity and encourage construction of new pipelines. In 2018, consumption of natural gas increased in the region by 0.15% to 134.3 million tons from 134.1 million tons in 2017. However, the gas production has decreased in the region to 192.4 million tons in 2018 from 194.6 million tons in 2017. Nevertheless, the initiatives to increase the natural gas consumption is expected to positively impact the segment growth.  

Storage to accounts considerable market share

The storage segment is expected to account a considerable market share owing to the government initiatives to ramp up the oil & gas production. For instance, the Government of Indonesia announced its plans to double the refining capacity of storage during the period, 2017-2025, to make it reach 2.2 million barrels per day. The policies is expected to majorly benefit the market.

Moreover, the government plans to increase the gas supply network to meet the high energy demand in the domestic market is anticipated to drive the segment growth.

LNG terminals segment to expand at a rapid pace

The LNG terminals segment is speculated to grow at a rapid pace during the forecast period. This is attributed to the plan of the Government of Singapore to shift toward LNG to meet the bulk of its natural gas demand during the forecast period. This is due to the increase in the LNG import capacity, which including construction of floating regasification plant.

Thailand to accounts major market share

Based on geographies, the market is segregated into Thailand, Vietnam, Malaysia, Indonesia and Rest of Southeast Asia.  Thailand is anticipated to account for a major market share owing to ample oil storage capacity. The total storage capacity in the country is anticipated to be approximately 10.2 million kiloliters. In 2019, Thailand's national oil and gas firm PTT Plc plans to develop a gas pipeline in the Northeast to add capacity to the group's existing gas pipeline. The improvement in pipeline infrastructure is anticipated to help Thailand become a hub for liquefied natural gas (LNG) in Southeast Asia. Increasing consumption oil is expected to boost the growth in the oil and gas midstream sector in the country and the region.


Southeast Asia Oil and Gas Midstream Market region

Segments

Segments Covered in the Report
The market global chlorine has been segmented on the basis of
Transportations
Storages
LNG terminals
Geographies

  • Thailand
  • Vietnam
  • Malaysia
  • Indonesia
  • Rest of Southeast Asia

Key Players

  • PT Pertamina
  • PTT Public Company Limited
  • TechnipFMC plc
  • Vietnam Oil and Gas Group
  • PT. Connusa Energindo

 

Competitive Landscape

Key players operating in the Southeast Asia oil and gas midstream market includes PT Pertamina, PTT Public Company Limited, TechnipFMC plc, Vietnam Oil and Gas Group, and PT. Connusa Energindo.

Southeast Asia 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 Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Oil and Gas Midstream Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Oil and Gas Midstream Demand Share Forecast, 2019-2026
6. North America Oil and Gas Midstream Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Oil and Gas Midstream Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Oil and Gas Midstream Demand Share Forecast, 2019-2026
7. Latin 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Oil and Gas Midstream Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Oil and Gas Midstream Demand Share Forecast, 2019-2026
8. Europe 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. Europe Average Pricing Analysis
  8.2. Europe Oil and Gas Midstream Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Oil and Gas Midstream Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Oil and Gas Midstream Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Oil and Gas Midstream Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Oil and Gas Midstream Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Oil and Gas Midstream Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Oil and Gas Midstream Market: Market Share Analysis
  11.2. Oil and Gas Midstream Distributors and Customers
  11.3. Oil and Gas Midstream Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. PT Pertamina
     11.4.2. PTT Public Company Limited
     11.4.3. TechnipFMC plc
     11.4.4. Vietnam Oil and Gas Group
     11.4.5. PT. Connusa Energindo

Segments Covered in the Report
The market global chlorine has been segmented on the basis of
Transportations
Storages
LNG terminals
Geographies

  • Thailand
  • Vietnam
  • Malaysia
  • Indonesia
  • Rest of Southeast Asia

Key Players

  • PT Pertamina
  • PTT Public Company Limited
  • TechnipFMC plc
  • Vietnam Oil and Gas Group
  • PT. Connusa Energindo

 

Key players operating in the Southeast Asia oil and gas midstream market includes PT Pertamina, PTT Public Company Limited, TechnipFMC plc, Vietnam Oil and Gas Group, and PT. Connusa Energindo.

Southeast Asia Oil and Gas Midstream Market keyplayers

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