Expansion of Marcellus pipe capacity to diminish need for storage: analyst

摘要

A number of pipeline projects that the gas industry is actively developing to relieve the gas glut in the Marcellus Shale is expected to boost capacity to service the Northeast by 2014, but will strongly limit the value of storage, according to Lippman Consulting. "The region is evolving to a combination of a lot of regional production and a reduced level of long-haul pipeline supplies that will eliminate, or greatly reduce, the need for storage," President George Lippman said.