About $16 Billion of Proposed North American Pipeline Projects Have Been Canceled or Delayed this Year

SUGAR LAND--July 10, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Pipeline developers have canceled or delayed the start of construction for 104 capital projects across North America, collectively valued at about $16 billion. These projects were scheduled to begin construction in 2015. Some were canceled or delayed earlier this year, while others were canceled or postponed years ago. The U.S. accounts for the largest number of proposed pipeline capital projects canceled or placed on hold (72), valued at $8 billion, followed by Canada (19 projects with total investment value of $4.1 billion) and Mexico (13 projects valued at $3.8 billion).

Despite these cancelations and delays, there are numerous other proposed North American pipeline capital projects scheduled to begin construction this year. Industrial Info is tracking 323 active North American pipeline projects scheduled to kick off in 2015, with an aggregate value of approximately $20.9 billion.

Within this article: Details of canceled and postponed pipeline projects in North America.