Pipeline Valves Development and Market Trend in China

Oil and gas valves scope involved in oil and gas pipeline have basically not change over hundred years. The different kind of valves manufacturers specially oil and gas valves have been constantly updating the technology, so that affect valves market changes. The large investment in oil and gas pipelines will promote industrial oil and gas valves, especially the continuous expansion of large caliber valve and ball valve API 6D Valve etc.

Application of oil and gas pipeline valves in industry

The global demand and mining for crude oil remain stable. It will play a strong supporting role in the growth of oil and gas valves. The continued growth in oil and gas production and demand will help to maintain pipeline infrastructure investments at high level. The construction of long distance transport pipeline will directly promote the growth of the petroleum industry valve market.

According to long term development of oil and gas valves market, the API 6D valve demand for oil and natural gas development and transportation will increase from $ 8.2 billion in 2012 to $ 14 billion in 2015.

How is the oil and gas valves applied in China

The domestic energy supply and demand located in far different area in China. Oil and gas resources are mainly located in northeast, north, and northwest of China. The Tarim, Qaidam, Shanxi – Gansu – Ningxia and Sichuan basins contain rich oil and natural gas resources, around more than 80 % of land natural oil and gas resources in China. However, the oil and gas demand is mainly located in economy developed areas, which at southeast coast. So the pipeline continued to transport oil and natural gas from north area to southeast coastal areas. The oil and gas valves demand for energy industry keep stable growth rate .

The development trend of oil and gas valves

LNG liquefaction station, GTL etc oil and gas projects need lots of cryogenic valves in API 6D. This is good prospect for API valve manufacturer. Pipeline ball valve can apply to natural gas transportation pipeline, also very important to monitoring long distance pipeline. The oil and gas transportation project is a large potential market for API 6D valve.

The hydrogenation cracking unit, mixed fuel device, delayed coking have new requirements for oil and gas valve market, and related technology over next few years. These systems have existed many years, but the end users have more requirements, they need the device to have a longer life, and the related valves, oil and gas valves could meet higher standard.