Central Asia Oil and Gas Midstream Market Size (2024 - 2029)

The Central Asia oil and gas midstream market is anticipated to experience growth over the forecast period, driven by the rising production and consumption of natural gas and refined petroleum products. Despite challenges posed by environmental concerns related to new infrastructure, the market has rebounded to pre-pandemic levels and is poised for expansion. Investment in small and complex offshore fields presents promising opportunities, particularly in Kazakhstan, which is expected to lead in growth due to its increased investments and oil exports.

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Market Size of Central Asia Oil and Gas Midstream Industry

Central Asia Oil and Gas Midstream Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 3.00 %
Market Concentration Medium

Major Players

Central Asia Oil and Gas Midstream Market Major Players

*Disclaimer: Major Players sorted in no particular order

Central Asia Oil & Gas Midstream Market Analysis

The Central Asia oil and gas midstream market is expected to register a CAGR of over 3% during the forecast period.

The COVID-19 pandemic negatively impacted the market in 2020. Presently the market has reached pre-pandemic levels.

  • Over the medium term, the increasing production and consumption of natural gas and refined petroleum products are expected to drive the market's growth.
  • On the other hand, environmental concerns regarding new pipelines and transportation infrastructure are expected to hamper the growth of the Central Asia oil and gas midstream market during the forecast period.
  • Nevertheless, increasing investments and development of small and complex offshore fields in various Central Asian countries will likely create lucrative growth opportunities for the market studied in the forecast period.
  • Kazakhstan dominates the market and will likely witness the highest CAGR during the forecast period. This growth is attributed to the country's increasing investments and oil exports.

Central Asia Oil & Gas Midstream Industry Segmentation

Oil and gas midstream encompasses facilities and processes between the upstream and downstream oil and gas segments. Midstream activities include processing, storing, and transporting crude oil and natural gas. 

The Central Asia Oil and Gas Midstream Market is Segmented by Sector (Transportation and Storage and Terminals) and Geography (Kazakhstan, Tajikistan, Turkmenistan, and Rest of Central Asia). The report offers the market size and forecasts in pipeline length for all the above segments.

By Sector
Transportation
Storage and Terminals
By Geography
Kazakhstan
Tajikistan
Turkmenistan
Rest of Central Asia
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Central Asia Oil and Gas Midstream Market Size Summary

The Central Asia oil and gas midstream market is poised for growth, driven by increasing production and consumption of natural gas and refined petroleum products. The market has rebounded to pre-pandemic levels after the setbacks caused by COVID-19. However, environmental concerns regarding new pipelines and transportation infrastructure pose challenges to growth. Despite these challenges, the development of small and complex offshore fields and significant investments in the region, particularly in Kazakhstan, are expected to create lucrative opportunities. Kazakhstan's dominance in the market is attributed to its rising investments and oil exports, which are anticipated to contribute to the highest growth rate in the region.

Pipelines remain the backbone of the oil and gas transportation industry in Central Asia, with the demand for energy necessitating the expansion and construction of new pipelines. The region's supply is expected to surpass existing transportation capacity, prompting infrastructure developments. Notable projects, such as the Turkmenistan-Afghanistan-Pakistan-India Pipeline (TAPI) and the Baku-Tbilisi-Ceyhan oil trunk pipeline, highlight the strategic efforts to enhance export routes and integrate regional markets. The market is moderately fragmented, with key players like Chevron Corporation and KazMunayGas JSC playing significant roles. These developments underscore the critical importance of transportation infrastructure in driving the Central Asia oil and gas midstream market forward.

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Central Asia Oil and Gas Midstream Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Oil And Gas Operating Pipeline Length Forecast (In Km), Till 2027

    3. 1.3 Oil Production And Consumption Trend (In Thousand Barrels Per Day), 2010-2021

    4. 1.4 Gas Production And Consumption Trend, In Billion Cubic Feet Per Day (bcf/d), 2010-2021

    5. 1.5 Recent Trends And Developments

    6. 1.6 Government Policies And Regulations

    7. 1.7 Market Dynamics

      1. 1.7.1 Drivers

      2. 1.7.2 Restraints

    8. 1.8 Supply Chain Analysis

    9. 1.9 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.9.1 Bargaining Power of Suppliers

      2. 1.9.2 Bargaining Power of Consumers

      3. 1.9.3 Threat of New Entrants

      4. 1.9.4 Threat of Substitute Products and Services

      5. 1.9.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Sector

      1. 2.1.1 Transportation

      2. 2.1.2 Storage and Terminals

    2. 2.2 By Geography

      1. 2.2.1 Kazakhstan

      2. 2.2.2 Tajikistan

      3. 2.2.3 Turkmenistan

      4. 2.2.4 Rest of Central Asia

Central Asia Oil and Gas Midstream Market Size FAQs

The Central Asia Oil and Gas Midstream Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Chevron Corporation, National Company JSC (KazMunayGas), Intergas Central Asia JSC, National Company QazaqGaz JSC and KazTransOil JSC are the major companies operating in the Central Asia Oil and Gas Midstream Market.

Central Asia Oil and Gas Midstream Report Snapshots

Central Asia Oil and Gas Midstream Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)