U.K. Pipeline Transport Industry Report: Sky-High Natural Gas Prices and Economy-Wide Inflation are Pushing Up Revenue in 2024


Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Pipeline Transport in the UK - Industry Research Report" has been added to ResearchAndMarkets.com's offering.

Natural gas reserves in the UK, domestic electricity production and the world prices of natural gas and crude oil significantly influence the performance of pipeline operators. The complex infrastructure of long-distance pipeline transport lends itself to a limited number of operators rather than a host of companies in charge of various sections across different regions. As a result, most companies in the industry operate as monopolies, although bodies like Ofgem and NIAUR tightly regulate them.

The National Grid dominates and accounts for the bulk of activity as it owns the gas transmission system in Great Britain. Revenue dove sharply in 2018-19 following Ofgem's decision to remove the National Grid Gas Transmission's Avonmouth pipeline output, requiring the company to refund revenue previously received. The COVID-19 outbreak led to a slump in natural gas demand, causing revenue to dip over 2020-21, although demand rebounded as restrictions eased, limiting the contraction.

Firms in this industry transport gases, liquids, water, slurry and other commodities by pipeline. The industry covers long-distance connections between countries or distribution grids, rather than local supply facilities. Players also operate pump stations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Company coverage includes:

  • National Gas Transmission plc
  • Exolum Pipeline System Ltd

Key Topics Covered:

ABOUT THIS INDUSTRY

  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS

  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE

  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS

  • Industry Data
  • Annual Change
  • Key Ratios

For more information about this report visit https://www.researchandmarkets.com/r/xa4rg0

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