Oil and Gas Custody Metering System Market Projected to Garner Significant Revenues by 2025
Oil and Gas Custody Metering System Market: Introduction Custody metering system refers to a fiscal measurement used to determine the quantity and financial value of a petroleum product. It acts as a supervisory system for gas and liquid flow measurement. This system is selected based on several parameters such as flow rate, maximum operating and permissible differential pressure, temperature range, type of liquid & its characteristics, and availability of installation space. This metering system can be installed in both offshore and onshore locations. Key Drivers and Restrains of Oil and Gas Custody Metering System Market Increase in demand for natural gas from end-use industries, such as automobile, chemical, and power plant on account of their environment-friendly features is a key factor driving the global oil and gas custody metering system market . This metering system is used as a billing meter to measure the amount of gas used in industrial and commercial est...
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