Pandemic casts shadow on US midstream
Lack of demand and permitting uncertainty paints gloomy picture for pipeline firms
North America’s midstream sector has a challenging path to navigate. Sanctioning and building new pipelines is becoming more difficult than ever, and for gas in particular, the recent winter storm has shone a light on infrastructure vulnerabilities. Gas pipeline operators believe the fuel they transport will be a critical component of energy systems for years to come and are striving to move projects forward. But in the short term, the impact of the pandemic will also need to be taken into account. “On the con side, the review and permitting process could become more complex and arduous” Ellis, Morningstar “There is a lack of major gas [pipeline] projects under construction at the mo
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