Global Oil & Gas Storage & Transportation industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 5). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global oil & gas storage & transportation market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
*Transportation and storage in the oil and gas industry pertains to the movement of crude oil, liquid petroleum products and natural gas from the oil fields (where oil and natural gas have been extracted) to refineries and/or to storage areas, where the petroleum products and natural gas are stored for distribution and for emergency reserves. Crude oil is transported by two primary modes: tankers, which travel interregional water routes, and pipelines where most of the oil moves through for at least part of the route, while liquid petroleum products is mostly transported internationally by tankers and trucks. The natural gas transportation and storage is conducted in its gaseous and liquid form. The market value in this study has been calculated as revenues received by the industry from providing such services. Any currency conversions used in this report have been calculated using constant 2010 annual average exchange rates.
*The global oil & gas storage & transportation sector had total revenues of $114.2 billion in 2010, representing a compound annual rate of change (CARC) of -1.6% for the period spanning 2006-2010.
*Sector consumption volumes increased with a compound annual growth rate (CAGR) of 0.7% between 2006 and 2010, to reach a total of 38.4 billion barrels in 2010.
*The performance of the sector is forecast to accelerate, with an anticipated CAGR of 7.3% for the five-year period 2010-2015, which is expected to drive the sector to a value of $162.1 billion by the end of 2015.
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