Hydrate formation, aggregation, and deposition have become major hazards for the safe transportation of oil and gas pipelines. Although there has been a great deal of research into the behavior of particles during hydrate formation and transport, there is less research into the multiphase generation and flow characteristics of hydrate gas and liquids. In this paper, the flow characteristics of hydrate slurry and the flow pattern transition in gas–liquid multiphase system were studied, and the generations of it were compared between a gas–liquid multiphase system and oil–water emulsion system. The results showed that the flow parameters such as pressure, pressure drop, and density fluctuated more drastically in the gas–liquid system than that in the emulsion system, the higher fluctuation meant a higher risk of pipe plugging. At the same time, the influence of pressure and dosage on multiphase flow pattern transformation and boundary change conditions were studied. A gas-slurry flow pattern transformation diagram was drawn based on the defined transformation conditions between flow patterns. The results also indicated that, with the increase of pressure from 5 to 6 MPa, the boundary of slug flow and air mass flow changed to the direction of higher gas and liquid flow velocity. While the boundary of slug flow and wave flow, stratified flow and wave flow changed to the direction of higher gas flow velocity. The boundary of slug flow and air mass flow changed to the direction of lower liquid flow velocity. In contrast, the boundary of slug flow and wave flow, stratified flow and wave flow, slug flow and stratified flow changed to the direction of higher gas flow velocity and lower liquid flow velocity in the 1% inhibitor period compared with that without the inhibitor. This study will provide theoretical references and technological supports for the safety of multiphase transportation pipelines and the safety of deep water production.