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US To Add 10.1Bcf/d Gas Pipeline Capacity In 2023,2024: BNEF

NATGAS

US gas pipeline capacity is scheduled to rise by 10.1Bcf/d over 2023 and 2024, supporting gas output estimations.

  • The Permian pipeline will add 3.6Bcf/d of export capacity. Appalachia will increase capacity by 2Bcf/d and Haynesville’s capacity will increase by 4.5Bcf/d.
  • Gas producers have often cited a lack of pipeline capacity as the reason they are not ramping up output more quickly.
  • BloombergNEF estimates US dry gas production (excluding Alaska) will average 103Bcf/d in 2024, a year-on-year increase of 1.6Bcf/d.

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US gas pipeline capacity is scheduled to rise by 10.1Bcf/d over 2023 and 2024, supporting gas output estimations.

  • The Permian pipeline will add 3.6Bcf/d of export capacity. Appalachia will increase capacity by 2Bcf/d and Haynesville’s capacity will increase by 4.5Bcf/d.
  • Gas producers have often cited a lack of pipeline capacity as the reason they are not ramping up output more quickly.
  • BloombergNEF estimates US dry gas production (excluding Alaska) will average 103Bcf/d in 2024, a year-on-year increase of 1.6Bcf/d.

Keep reading...Show less