Large and Small Midstream Oil & Gas Projects Face Market Hurdles
SUGAR LAND--April 16, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Since the drop in oil prices, reactions from midstream project planners have ranged from outright cancelations to calm indifference, bordering on optimism. The reaction can be directly linked to the size of the project in question: Smaller projects that are owned by smaller companies have proven more vulnerable to the oil price drop, while larger "mega-projects" have shown greater resilience to it. However, mega-projects still are facing massive delays at the hands of their usual nemesis: regulatory permitting.
Within this article: Details on the outlook for large and small midstream projects, including those from TransCanada Corporation (NYSE:TRP) and Enbridge Incorporated (NYSE:ENB).
