Thursday, December 18, 2014

Natural Gas Pipelines to Bolster Bi-Directional Capacity in Northeast up to 32%, EIA Data Shows

Natural Gas Pipelines to Bolster Bi-Directional Capacity in Northeast up to 32%, EIA Data Shows

By Brian Heslin | Moore & Van Allen PLLC
OPAL Pipeline To Connect To Baltic Sea
By 2017, natural gas pipelines are projected to convert up to 32% of their pipeline capacity into the Northeast to support the bi-directional flow of natural gas out of the region to the South and West, according to a U.S. Energy Information Administration (“EIA”) December 2, 2014 report. It is well known that the increased production of natural gas in the shale plays of the Northeast have had a marked impact on the energy industry in the U.S. This EIA data shows us in hard numbers how drastic of an impact the shale boom has had on pipelines that historically transported natural gas into the Northeast: six pipelines transported 60% of natural gas into the Northeast in 2013, and 2013 volumes of gas transported into the Northeast on these six pipelines were 21%-84% lower than the volumes of gas they transported into the region just five years earlier. Several of these pipelines initiated the transition to handle bi-directional flows in 2013 and earlier this year.http://breakingenergy.com/2014/12/17/natural-gas-pipelines-to-bolster-bi-directional-capacity-in-northeast-up-to-32-eia-data-shows/?utm_source=Breaking+Energy&utm_campaign=773837895c-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_f852427a4b-773837895c-407304281

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