Global gas pipeline expansion: US$200 billion under construction, with Asia building over 80%

Approximately 69,700 kilometers of gas transmission pipelines are under construction globally, an 18% increase over the previous year, at a cost of US$193.9 billion. Asia leads the globe in gas pipeline construction, accounting for 82% at an estimated cost of US$117.2 billion, with China and India accounting for the majority of development due to goals for economic growth, a coal-to-gas transition, and better connected national gas grids. Russia and Iran are building pipelines to increase piped and shipped export capacity, while Pakistan’s buildout is focused on increasing import capacity.