Page added on October 24, 2009
WASHINGTON, DC — Projected growth in North American natural gas supplies and markets will require billions of dollars of additional investments in pipelines, storage, and other midstream infrastructure through 2030, a recent INGAA Foundation Inc. study concluded.
The study, which the Interstate Natural Gas Association of America
The outlays would be needed primarily to join increased gas production from unconventional shale basins and tight sands to the existing pipeline network, it said. Anticipated electric power generation and industrial demand growth as well as the potential to connect massive Arctic gas resources and LNG imports to the grid also will be key drivers, it indicated.
Insufficient midstream gas infrastructure investment could lead to volatile prices, reduced economic growth, and diminished deliveries to consumers who need the gas most, the study warned.
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