Permian’s Natural Gas Takeaway Capacity Set To Rise

From oilprice.com

U.S. pipeline operators and developers have recently announced five natural gas pipeline projects which are expected to increase the takeaway capacity from the Permian basin to demand centers near the U.S. Gulf Coast, the Energy Information Administration (EIA) said on Thursday. Four newly announced projects and one optimization project under construction are set to boost takeaway capacity out of the Permian Basin by a combined 4.18 billion cubic feet per day (Bcf/d) over the next two years if they are completed as planned. Of the four newly announced projects, three are capacity expansions of existing pipelines, ... (full story)