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Join date: Aug 11, 2021
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The Oil and Gas EPC Market is expected to grow at a CAGR of more than 5.35% during the forecast period of 2020 – 2025. Major factors driving the market study are the declining operating costs of oil & gas fields, expansion in the downstream sector, increasing demand for LNG infrastructure, among others. However, there is a surge in the transportation of oil and gas via. The alternate mode of transportation is likely to reduce the investments in the development of pipeline infrastructure, which is anticipated to restrain the market for oil and gas EPC in coming years.

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