July 24, 2019 – Natural Gas Intelligence
Northeast Regulatory Environment Seen Benefiting Nexus, Other DTE Platforms
By Leticia Gonzales
Costly natural gas pipeline delays in the Northeast have generated “a lot more interest” in DTE Energy’s pipeline platforms to move volumes from the Appalachian Basin, management said Wednesday.
Speaking on a call to discuss second quarter earnings, newly tapped CEO Jerry Norcia said Appalachia production is seeing roughly 13% year/year growth. While producer activity is expected to result in some slowdown, to the tune of 5-6%, according to the company chief, “we're still of the view that this basin goes short pipe capacity over the next year or two.”
Norcia is not alone. RBN Energy LLC expects volumes to grow by another 8 Bcf/d over the next five years, with constraints once again rearing their ugly heads in the next three years.
Read the full article here: https://www.naturalgasintel.com/articles/119070-northeast-regulatory-environment-seen-benefiting-nexus-other-dte-platforms
