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Follow a sub category for more resources or read more about the midstream stream sector and the subcategories we track in the overview section below.
- Transportation and storage
- Processing and conversion
- Marketing and sales
- Operations and maintenance
- Engineering and construction
Overview
The midstream sector is the second stage of the supply chain in the oil and gas space and it is responsible for the transportation, storage, and processing of energy resources between the upstream and downstream sectors. It plays a crucial role in ensuring that energy resources, such as crude oil and natural gas, are delivered efficiently and reliably to their intended destinations. Midstream operations are situated between the upstream sector, which involves the exploration and production of energy resources, and the downstream sector, which involves the refining and distribution of energy products to end-users.
The midstream sector includes a wide range of activities, from the construction and operation of pipelines to the storage of energy resources in tanks and terminals. Other key activities include the processing of natural gas and crude oil to remove impurities and separate them into different components, as well as the compression of natural gas to increase its pressure for more efficient transportation.
Subcategories
The midstream sector can be divided into several subcategories, each with its own unique set of activities and functions. These subcategories include:
Transportation and storage: This subcategory involves the transportation of energy resources, such as crude oil and natural gas, using pipelines, tankers, rail cars, and other means. It also includes the storage of energy resources in tanks, terminals, and other facilities.
Processing and conversion: Involves the processing and conversion of energy resources into higher-value products, such as the separation of natural gas into different components or the conversion of natural gas into liquid fuels or other products.
Marketing and sales: The buying and selling of energy resources, as well as the management of associated supply and demand dynamics, both in wholesale and retail markets.
Operations and maintenance: Focuses on the ongoing operation, maintenance, and repair of midstream infrastructure, such as pipelines, storage tanks, and processing plants.
Engineering and construction: This subcategory involves the design, engineering, and construction of midstream infrastructure, such as pipelines, storage tanks, and processing plants, as well as the management of terminal and storage facilities.
Challenges
The midstream sector faces a number of challenges, ranging from regulatory compliance to operational safety and environmental concerns. One of the most significant challenges is ensuring the safety and reliability of the infrastructure, which can be impacted by factors such as corrosion, equipment failure, and natural disasters.
In addition, the midstream sector must operate within a complex and constantly changing regulatory environment, which can affect everything from project timelines to the safety of the infrastructure. This can pose challenges for companies seeking to build or expand midstream infrastructure, particularly in areas where there is strong public opposition to such projects.
Select a subcategory to find more information including links, articles and other resources:
- Transportation and storage
- Processing and conversion
- Marketing and sales
- Operations and maintenance
- Engineering and construction