In this piece, we’ll take a look at the 5 Largest Pipeline Companies in the World. For more such companies, go to 15 Largest Pipeline Companies in the World.
5. Gazprom (GAZP.ME)
Market Cap as of February 10, 2023: $63.7 billion
Gazprom (GAZP.ME) is a state-owned, vertically integrated company involved in all parts of the natural gas value chain, including its exploration, production, transportation, storage, processing, and sales. In 2021 Gazprom (GAZP.ME) accounted for 12 percent of the world’s natural gas production and owned 178,200 kilometers of natural gas trunk pipelines and pipeline branches.
In addition to transporting gas to Russia’s most remote locations, Gazprom (GAZP.ME) has pipelines that reach Europe. It distributes natural gas to Turkey via the 1213-kilometer-long Blue Stream and the 930-kilometer-long Turk Stream. Gazprom (GAZP.ME) is also a shareholder in the 1224-kilometer Nord Stream pipeline, which connects Russian supplies to Europe. Its 2000-kilometer-long Yamal – Europe gas pipeline connects Russian gas supplies to western Europe.
4. Enterprise Products Partners L.P. (NYSE:EPD)
Market Cap as of February 10, 2023: $56.1 billion
Enterprise Products Partners L.P. (NYSE:EPD) is an American midstream company. Enterprise Products Partners L.P. (NYSE:EPD)’s NGL pipelines spread over a length of 19,803 miles, with the Mid-America Pipeline System being the longest. The company’s NGL segment also operates processing plants, marine terminals, and fractionation and storage facilities. Enterprise Products Partners L.P. (NYSE:EPD)’s crude oil pipeline network is primarily located in Texas and spans 5,737 miles, with a total operational storage capacity of 31.2 million barrels.
3. Enbridge Inc. (NYSE:ENB)
Market Cap as of February 10, 2023: $79.6 billion
Headquartered in Calgary, Canada, Enbridge Inc. (NYSE:ENB) is a large energy and pipeline company employing about 12,000 people.
Enbridge Inc. (NYSE:ENB)’s pipelines transport almost 30% of North America’s crude oil and nearly 20% of the natural gas consumed in the US. Enbridge Inc. (NYSE:ENB) is expanding its offshore wind portfolio. In 2018, Enbridge Inc. (NYSE:ENB) was designated one of the Thomson Reuters Top 100 Global Energy Leaders.
2. China National Petroleum Corporation
Estimated Market Value: $412 billion
Annual Revenue 2021: 2,807.3 RMB billion
China National Petroleum Corporation is a national and major oil and gas company in China. The company engages in the exploration, refining, and marketing of oil and its products, such as kerosenes, lube oils, diesel oils, chemical light oils, etc. China National Petroleum Corporation has a pipeline network of approximately 25,000 km which includes a crude oil pipeline network of over 7,000 km and natural gas pipeline network of around 17,000 km.
1. Saudi Arabian Oil Company (2222.SR)
Market Cap: $1.9 trillion
Founded in 1933, Saudi Arabian Oil Company (2222.SR) is the national oil company of Saudi Arabia. The company is the sole entity authorized to explore, produce, and process hydrocarbons in the country. The upstream segment of the company explores, produces, and markets crude oil and other products like natural gas, and natural gas liquids (NGLs), while the downstream segment produces petrochemicals and offers refining, retailing, storage, supply, and transportation services. In the fiscal year 2021, Saudi Arabian Oil Company (2222.SR) stood as the world’s largest oil company, with a daily production of 9.2 million barrels of crude oil. Additionally, the company also owns and operates a 12,000-mile pipeline network that connects the production fields to export terminals, processing plants, and consumption hubs.
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