Australia Oil and Gas Midstream Market Report and Forecast 2025-2034

Australia Oil and Gas Midstream Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Australia oil and gas midstream market size witnessed a healthy growth in 2024. Aided by the increasing investment in infrastructure for liquefied natural gas (LNG) exports and the growing emphasis on pipeline safety and sustainability, the market is projected to grow at a CAGR of 4.80% between 2025 and 2034.

The Australia oil and gas midstream market plays a pivotal role in ensuring the efficient transportation, storage, and distribution of oil and gas resources across the country. This sector involves the infrastructure and services required to move crude oil, natural gas, and refined products from production sites to refineries, storage facilities, and ultimately, to consumers. The growing demand for energy, combined with Australia's significant oil and gas reserves, has led to continued investments in midstream infrastructure, including pipelines, storage tanks, terminals, and liquefied natural gas (LNG) export facilities. The market’s outlook for the coming years remains strong, supported by both domestic consumption and international export opportunities, especially in the growing LNG market.

One of the main drivers aiding the Australia oil and gas midstream market expansion is the country’s strategic position as a major LNG exporter. Australia has invested heavily in expanding its LNG production capacity, with significant export terminals established along the eastern and western coasts. The country’s natural gas production has increased steadily, driven by the growing demand from key Asian markets such as China, Japan, and South Korea. This trend has led to an expansion in midstream infrastructure, including pipelines and export terminals, to support LNG transportation and distribution. The construction and upgrading of infrastructure to facilitate LNG exports are expected to continue, ensuring that Australia remains one of the world’s leading LNG exporters.

In addition to LNG, the transportation and storage of crude oil and refined products remain integral in the Australia oil and gas midstream market. Australia’s oil production, while not as large as its natural gas output, continues to be a key part of the nation’s energy mix. The midstream infrastructure that supports oil production includes pipelines, storage tanks, and terminals for the import and export of crude oil and petroleum products. These facilities are vital for ensuring the smooth flow of oil from production fields to refineries and distribution points. The growing demand for refined products, including fuels and lubricants, continues to drive the need for efficient midstream infrastructure that can handle both import and export activities.

The development of pipelines is shaping the Australia oil and gas midstream market dynamics. Pipelines are used to transport both oil and natural gas over long distances, connecting production sites to refineries, processing plants, and distribution networks. The country’s vast geographical size means that significant investments in pipeline infrastructure are required to ensure efficient transportation. Australia has made significant progress in expanding its pipeline network, connecting both onshore and offshore fields to major hubs. New pipeline projects are underway to further strengthen the network, improve access to domestic and international markets, and enhance energy security. These pipelines are essential for maintaining a steady supply of oil and gas to consumers, businesses, and export terminals.

Storage capacity is another key element boosting the Australia oil and gas midstream market revenue, with storage tanks and facilities needed to manage fluctuations in supply and demand. In Australia, storage infrastructure supports both domestic energy consumption and export activities. The construction of additional storage facilities, including both underground and above-ground tanks, is necessary to accommodate the growing demand for oil, gas, and refined products. These facilities also serve to ensure that supply disruptions, whether due to seasonal demand spikes or unforeseen events, can be mitigated. The increasing need for storage capacity will continue to drive investment in midstream infrastructure.

As the Australia oil and gas midstream market expands, technological advancements are playing an important role in improving efficiency and reducing costs. Automation, digital monitoring, and data analytics are helping to optimise pipeline operations, improve safety, and predict maintenance needs. These innovations allow for real-time monitoring of infrastructure, which helps companies manage risks and reduce operational disruptions. Additionally, advancements in materials and construction techniques have led to more efficient and cost-effective pipeline designs, further supporting the growth of the market.

The Australia oil and gas midstream market faces several challenges, particularly related to environmental concerns and regulatory requirements. The transportation and storage of oil and gas can have significant environmental impacts, including potential oil spills, gas leaks, and habitat disruption. As a result, the Australian government and regulatory bodies have established strict environmental standards and safety regulations to mitigate these risks. Midstream companies must comply with these regulations to ensure safe and environmentally responsible operations. Additionally, there is increasing pressure to adopt greener technologies and reduce carbon emissions, especially as the country works toward meeting its climate goals. As the oil and gas industry transitions towards more sustainable practices, midstream companies will need to invest in cleaner technologies and processes.

Another challenge in the Australia oil and gas midstream market is the fluctuating demand for oil and gas, which can be influenced by global economic conditions, energy prices, and geopolitical factors. As global energy markets evolve and demand for fossil fuels fluctuates, the market must remain adaptable. Midstream operators will need to continue to monitor global trends and adjust their strategies accordingly to maintain competitiveness and ensure the sustainability of their operations.

Looking ahead, the Australia oil and gas midstream market is expected to continue to expand, driven by increased demand for LNG, ongoing investments in infrastructure, and the need for reliable transportation and storage solutions. The growing importance of natural gas in the global energy mix and Australia’s strategic position as a key LNG exporter will play a central role in shaping the market’s future. The continued development of pipelines, storage facilities, and export terminals will be essential to meeting both domestic and international energy needs. Additionally, as technological advancements continue to improve efficiency and reduce environmental impacts, the market is well-positioned for long-term growth and development.

Market Segmentation

The market can be divided based on infrastructure, service, and region.

Market Breakup by Infrastructure

• Storage Tanks
• Pipelines
• LNG Terminals
• Others

Market Breakup by Service

• Storage
• Processing and Refining
• Transportation
• Others

Market Breakup by Region

• New South Wales
• Victoria
• Queensland
• Australian Capital Territory
• Western Australia
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia oil and gas midstream market. Some of the major players explored in the report by Expert Market Research are as follows:

• Shell Australia Pty Limited
• Beach Energy Limited
• Santos Ltd.
• Chevron Australia Pty Ltd.
• INPEX Corporation
• BHP Group Limited
• Woodside Energy Group Ltd.
• Origin Energy Limited
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.