Welspun Corp Accreditations & Manufacturing Overview slide image

Welspun Corp Accreditations & Manufacturing Overview

Line Pipes: Key Drivers WELSPUN CORP Pipes & Steel • INDIA Expansion of National Gas Grid Pipeline driven by increasing LNG capacities City Gas Distribution (CGD) network Strong export outlook with focus on Australia, Central America, South East Asia and Middle East Demand returning in the Water sector with moderating steel prices USA Rig count close to pre-pandemic levels Permian basin expected to be the key growth driver due to geopolitical reasons At least 3 more large gas pipelines planned from Permian to Gulf coast; 5 new LNG terminals being added for export of gas Big focus on New Energy including Carbon Capture, Hydrogen and Ammonia pipelines SAUDI ARABIA Saudi Aramco to boost oil production from 10 million to 13 million barrels a day by 2027 Saudi Aramco to boost gas production by more than 50% by 2030 Huge capex in distribution of Desalinated water; 7 large water infrastructure projects planned; Total demand exceeding 3 MN MT over 3 years HAR GHAR SE HAR DIL TAK WELSPUN HarDiWelspun Source: Government websites, news articles, market intelligence 14
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