Oil and Gas Transportation

  • Sub-industry

Name

Oil and Gas Transportation

Description

Transportation is an important component of the midstream sector since crude oil and gas must be transported to other locations for further refining and subsequent distribution to the final consumers. The main forms of transporting crude oil and gas include pipeline, truck, rail, and ships. Crude oil, gas, and natural gas liquids are transported from the production fields to an offsite temporary storage facility and transported to a large storage hub for refining. Once they are refined, the end products – such as gasoline, LPG, diesel, and jet fuel – are transported again to end-users such as homes, factories, and gas stations.

Value type

Referenced by