NGL Prices Expected to Stay Low as New Capacity Comes Online
NGL Prices Expected to Stay Low as New Capacity Comes Online
SUGAR LAND--September 21, 2015--Written by John Egan for IIR Energy (Sugar Land, Texas)--IIR Energy believes this month's scheduled completion of several natural gas liquids (NGL) projects in Oklahoma, Ohio, Colorado, Alberta and British Columbia will increase processing and transport options. But prices are expected to remain low due to the oversupplied North American market. Large consumers of NGLs are expected to continue benefitting, while producers will try to hold on in the current low-price environment. IIR Energy's NGLs Live database shows some of the NGL projects scheduled to wrap up construction in September.
Within this article: Details regarding several North American NGLs projects in IIR Energy's NGLs Live database.
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