Game of Dominoes: Terminals Projects Stymied by Oil & Gas Market Fundamentals
Game of Dominoes: Terminals Projects Stymied by Oil & Gas Market Fundamentals
Attachment: terminals, terminalstate
SUGAR LAND--May 4, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Like a game of dominoes, the North American Terminals Industry is the latest industry to feel the effects of the swoon in crude oil and natural gas prices. Over 60 terminals projects valued at $3.42 billion that were scheduled to kick off between January 2015 and December 2016 have been cancelled or placed on hold, according to Industrial Info Resources' North American Industrial Project database. Within this article: Lists recent terminals projects put on hold or cancelled that Industrial Info is tracking. Other companies featured: Pembina Pipeline Corporation (NYSE:PBA), Kinder Morgan Incorporated (NYSE:KMI)
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