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Concept
Midstream
Summary
The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors. Natural gas pipeline networks aggregate gas from natural gas purification plants and deliver it to downstream customers, such as local utilities.
The midstream operations are often taken to include some elements of the upstream and downstream sectors. For example, the midstream sector may include natural gas processing plants that purify the raw natural gas as well as removing and producing elemental sulfur and natural gas liquids (NGL) as finished end-products.
Barge companies
Railroad companies
Trucking and hauling companies
Pipeline transport companies
Logistics and technology companies
Transloading companies
Terminal developers and operators
ISO 20815 defines "midstream" in its definition section as:
3.1.27 midstream
business category involving the processing and transportation sectors of petroleum industry.
Examples: transportation pipelines, terminals, gas processing and treatment, LNG, LPG, and GTL.
Official source
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