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Low Amount of U.S. Natural Gas Pipelines Added in 2021; Will Things Pick Up?

Low Amount of U.S. Natural Gas Pipelines Added in 2021; Will Things Pick Up?

oil_gas_transmission

Industry Segment: Pipelines | Word Count: 782 Words

SUGAR LAND--March 1, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. natural gas pipeline developers took a bit of breather last year in regard to project completions. According to the U.S. Energy Information Administration, 7.44 billion cubic feet per day (Bcf/d) of natural gas pipelines were added in the U.S. in 2021, the lowest amount since 2016. However, all being well, 2022 may bring new, larger projects, although some of these may not be brought online until 2023 or beyond.

Companies featured: Sempra Energy (NYSE:SRE)

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