One of the major themes at this year’s Shale Insight, emphasized several times, is that “We need pipelines, and we need them asap.” MDN heard that refrain a number of times, in different sessions. The good news is that there is more than $23 billion in planned pipeline investment to build more than 3,200 miles of pipelines–either planned or under development–for the Marcellus/Utica region. If you add these 15 project together, they will move another 17 billion cubic feet of Marcellus and Utica natural gas, and 345,000 barrels of natural gas liquids (NGLs), PER DAY! Some of these pipeline projects are already under construction, nearing completion. Some have just begun construction. Some will begin construction soon. And some are still waiting for regulatory approvals. A few are tied up in court, attempting to overcome state bans in New York. Any way you slice it and dice it, more pipelines ARE on the way, asap. And that’s very good news. Below is a list of the 15 projects, courtesy our friends at Energy in Depth…
One of the major themes at this year’s Shale Insight, emphasized several times, is that “We need pipelines, and we need them asap.” MDN heard that refrain a number of times, in different sessions. The good news is that there is more than $23 billion in planned pipeline investment to build more than 3,200 miles of pipelines–either planned or under development–for the Marcellus/Utica region. If you add these 15 project together, they will move another 17 billion cubic feet of Marcellus and Utica natural gas, and 345,000 barrels of natural gas liquids (NGLs), PER DAY! Some of these pipeline projects are already under construction, nearing completion. Some have just begun construction. Some will begin construction soon. And some are still waiting for regulatory approvals. A few are tied up in court, attempting to overcome state bans in New York. Any way you slice it and dice it, more pipelines ARE on the way, asap. And that’s very good news. Below is a list of the 15 projects, courtesy our friends at Energy in Depth…