Pipeline Construction Reaches an 18-year High on Natural Gas Demand
Rising demand for natural gas is sending pipeline construction to a level not seen since 2008.
According to Morningstar DBRS, there are 12 projects for new and expanded natural gas pipelines set to be completed in 2026 in Texas, Louisiana and Oklahoma. Added combined capacity from these projects will be approximately 18 billion cubic feet per day (Bcf/d), which exceeds Canada’s total daily natural gas consumption. The added capacity is also the highest since 2008 when 31 Bcf/d was added.
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