Economy

Iran Ranks First in the World for Oil Pipeline Construction

Iran Ranks First in the World for Oil Pipeline Construction

A U.S. research institute announced that Iran is currently constructing approximately 1,900 kilometers of oil pipelines, ranking first in the world in this regard, despite the imposed sanctions.

The specialized database Global Energy Monitor stated, after reviewing oil projects in various countries, that there are 9,100 kilometers of oil pipelines under construction worldwide, with plans for an additional 21,900 kilometers of pipelines. The total estimated cost of constructing all these pipelines is around $131.9 billion.

Accordingly, there is a total of 31,000 kilometers of oil pipelines either under construction or planned worldwide. This figure has increased by 30% compared to the previous year.

About half of the oil pipelines currently under construction or planned are located in Africa and Asia, including 4,400 kilometers of pipelines under construction at a cost of $14.4 billion and 10,800 kilometers of planned pipelines at a cost of $59.8 billion.

The U.S. research institute placed Iran at the top of the list by presenting the first 20 countries in the world regarding the length of oil pipelines under construction.

Despite facing illegal U.S. sanctions, the largest oil pipeline construction operation in the world is currently underway in Iran, exceeding a length of 1,900 kilometers, which is more than any other country in the world.

Following Iran, India ranks second, constructing 1,630 kilometers of oil pipelines within its territory. Niger comes in third with 1,200 kilometers of pipelines. Canada, Benin, China, Thailand, Iraq, Russia, Argentina, the U.S., North Macedonia, Poland, Jordan, Bulgaria, Angola, Syria, Kenya, Zambia, and Tanzania follow in succession.

The total number of oil pipelines under construction in Iran is more than 12 times the number of pipelines under construction in the United States, which is estimated at around 150 kilometers, while Iraq has 400 kilometers and China has 420 kilometers.

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