Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,000 active projects around the world. Most active projects are in the Asia-Pacific region (44%), followed by the Middle East (14%) and the U.S. (12%). In total, these three regions account for 70% of active project market share globally. Asia continues to be the dominant region for investments in new hydrocarbon processing infrastructure. The region continues to invest heavily in new processing capacity to satisfy domestic demand, especially for fuels and petrochemicals production, as well as in natural gas and LNG infrastructure to import and distribute natural gas for power generation and other industrial uses.

When analyzed, most active projects globally are in preconstruction phases (e.g., planning/proposed, pre-FEED, FEED), representing a total active project market share of 55%. HP