You will have to find the sweet point where the combination of capital cost and running costs will be at a minimum. Therefore you may have to calculate a few options for different size of pipes. with rising energy cost the bigger pipe of two almost equal options should win.
Pipe suppliers usually have friction friction tables or graphs .
Your setup will also need to be taken into account. Meaning that if it is a gravitation system the fiction would have to balance the static and bigger pipe will be an overkill.
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