Market Size of Australia Oil and Gas Midstream Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 2.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Oil & Gas Midstream Market Analysis
The market for the Australian oil and gas midstream is expected to register a CAGR of more than 2.4% during the forecast period of 2020-2025. Factors, such as increasing investment in the sector and increasing production and consumption of oil and gas, are expected to boost the demand for the Australian oil and gas midstream market during the forecast period. However, the low price of natural gas coupled with the high volatility of crude oil prices is making the industry unprofitable and thereby impeding the growth of the market.
- Australia has an extensive pipeline network all over the country. The gas pipeline capacity in the country dominates the landscape relative to the oil pipelines. New pipelines are in the proposal stage and are expected to be completed during the forecast period.
- Exploration and production of oil and gas fields in the region are expected to become an opportunity for the companies working in the oil and gas midstream industry as more pipeline and storage infrastructure may be required in the near future.
- A significant increase in the production of gas is expected to be the most prominent driver of the market. Investment in the sector and increase in production of oil and gas is also likely to contribute to the rise in the growth of the industry.
Australia Oil & Gas Midstream Industry Segmentation
The Australian oil and gas midstream market report includes:
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Australia Oil and Gas Midstream Market Size Summary
The Australian oil and gas midstream market is poised for growth, driven by increasing investments and rising production and consumption of oil and gas. The sector benefits from an extensive pipeline network, with gas pipelines dominating the landscape. New pipeline projects are in the proposal stage, expected to enhance the country's infrastructure during the forecast period. Despite challenges such as low natural gas prices and volatile crude oil prices, the market is anticipated to expand, supported by the need for additional pipeline and storage infrastructure due to exploration and production activities. The significant increase in gas production is expected to be a key driver, alongside ongoing investments in the sector.
The market landscape is characterized by a partially fragmented industry with major players including APA Group, SGSP (Australia) Assets Pty Ltd, Exxon Mobil Corporation, Royal Dutch Shell PLC, and Chevron Corporation. The growth trajectory of the Australian oil and gas midstream market is further bolstered by the country's substantial LNG liquefaction capacity and ongoing infrastructure developments. The increase in oil and gas consumption incentivizes further investment, contributing to the anticipated rise in pipeline capacity. As the industry evolves, the focus on expanding infrastructure to support growing production and consumption will be crucial in shaping the market's future.
Australia Oil and Gas Midstream Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD million, until 2025
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraint
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1.6 Supply Chain Analysis
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1.7 PESTLE ANALYSIS
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2. MARKET SEGMENTATION
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2.1 Sector
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2.1.1 Transportation
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2.1.1.1 Overview
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2.1.1.1.1 Existing Infrastructure
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2.1.1.1.2 Projects in Pipeline
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2.1.1.1.3 Upcoming Projects
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2.1.2 Storage
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2.1.2.1 Overview
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2.1.2.1.1 Existing Infrastructure
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2.1.2.1.2 Projects in Pipeline
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2.1.2.1.3 Upcoming Projects
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2.1.3 LNG Terminals
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2.1.3.1 Overview
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2.1.3.1.1 Existing Infrastructure
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2.1.3.1.2 Projects in Pipeline
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2.1.3.1.3 Upcoming Projects
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Australia Oil and Gas Midstream Market Size FAQs
What is the current Australia Oil and Gas Midstream Market size?
The Australia Oil and Gas Midstream Market is projected to register a CAGR of greater than 2.40% during the forecast period (2024-2029)
Who are the key players in Australia Oil and Gas Midstream Market?
APA Group, SGSP (Australia) Assets Pty Ltd (SGSPAA), Exxon Mobil Corporation, Royal Dutch Shell PLC and Chevron Corporation are the major companies operating in the Australia Oil and Gas Midstream Market.
