Wednesday, October 09, 2013
The US natural gas market is set for a major shake-up over the next decade, which will reverse long-established patterns of supply, according to energy analytics firm Bentek.
A new report from Bentek says the traditional flow of gas from south to north will be turned upside down as the Marcellus and Utica shales supply gas not only to the surrounding Northeast region but also send significant volumes to the US Southeast.
Pipelines built to move gas from the Southwest and the Gulf of Mexico will have to reverse their direction of flow, said Tony Scott, Bentek's manager of oil and consulting services.
"The Northeast is becoming a supply center, and the Southeast is becoming a market center," Scott told Oil Daily on the sidelines of the Platts Commodity Week conference in Houston.
For the full article, go to www.energyintel.com.