|Last Quarterly Update:||3/20/2017|
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Companies in this industry own and operate pipelines that transport natural gas from process plants to local distribution systems. Major companies include Energy Transfer Partners, Enterprise Products Partners, Kinder Morgan, and Plains All American (all based in the US), as well as TransCanada (Canada); E ON Ruhrgas (Germany), and Gazprom (Russia).
Global exports of natural gas total about 1 trillion cubic meters, including US exports of about 45 billion cubic meters, according to BP's 2015 Statistical Review of World Energy. Russia, Qatar, Norway, and Canada are among the world's largest natural gas exporters. Driven largely by demand from emerging markets, natural gas consumption is expected to increase by almost 40% by 2035 (from 2015), according to the Energy Information Administration.
The US natural gas pipeline industry includes more than 2,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $25 billion.
Direct and wholesale natural gas distribution is covered in the Natural Gas Distribution & Marketing industry profile. Production of natural gas from wells is covered in the Oil & Gas Exploration & Production industry profile.
Demand is driven by economic activity and population growth, which drive energy use. The profitability of pipeline transporters depends largely on the efficiency of their operations. Companies that operate multiple pipeline networks may enjoy economies of scale in purchasing and administrative costs. The US industry is highly concentrated: the ...
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