US construction plans slide;pipeline companes experience flat 2003,continue mergers

摘要

The US natural gas pipeline system appears headed for serious delivery-capacity constraints,if recent proposals are any indication.For the 12 months ending June 30,2004,formal plans brought before the US Federal Energy Regulatory Commission for new or expanded pipeline and compression dropped like a rock compared with plans field in the previous 12-month period (OGJ,Sept.8,2003,p.60),and those were themselves off sharply from plans field up to June 30,2002 (OGJ,Sept.16,2002,p.52).