Exxon Mobil’s $251.6bn networth tops 2016 global infrastructure assets’ list

Exxon Mobil Corpora­tion, US-based oil major, topped the 2016 global list with infrastructure assets worth $251.6billion.

The latest ranking shows US Military placed second on the list with infrastructure assets of $199.3 billion and another US-headquartered energy corporation Chevron Corpora­tion rounded out the top three spots with infrastructure assets of $188.3billion.

This is according to global software developer Bentley Systems’ 2016 Infrastructure 500 list, which ranks the top owners of infrastructure world­wide from both the public and private sectors. It is published yearly.

The combined value of the 500 entities listed in the 2016 list is over $15.5-trillion, which equated to 84% of the US’s estimated 2016 nominal gross domestic product (GDP) of $18.5-trillion and close to the combined 2016 GDPs of China and Japan.

While Nigeria, Africa’s big­gest economy was not captured on the list; the only other Afri­can entity to make it onto the list was Algerian State-owned electricity and gas distribution company Sonelgaz, which was listed at 178 with infrastructure assets of $26.7billion.

South Africa moved up in the rankings of the top 500 global infrastructure own­ers, ranking twenty-fifth this year, with infrastructure assets valued at $92.2billion, as mea­sured by reported net tangible fixed assets.

This was compared with its ranking of 33 in 2015, when its infrastructure assets were valued at $81.03billion.

Other South African enti­ties that made this year’s list are Eskom, which was ranked 119th, with infrastructure as­sets worth $34.1-billion; Sasol at 337 with infrastructure assets of $15.8billion; and Transnet at 346 with infrastructure assets worth $15.4-billion.