U.S. NGL Production Slated to Soar, Prolonging Producers' Price Pain, an Industrial Info News Alert

(firmenpresse) - DENVER, CO -- (Marketwired) -- 04/24/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- U.S. production of natural gas liquids (NGLs) is scheduled to nearly double over the next 10 years, adding new supply to a glutted market and increasing the importance of export terminals, speakers said at an conference last week in Denver. "At today's NGL prices, and given the outlook for new capacity, you really need to believe in NGLs if you're going to move forward with a large capital program," said Kevin Williams, senior vice president of (NYSE:DPM) (Denver, Colorado), in an interview at the 7th Annual Platts Rockies Oil & Gas Conference.

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Bereitgestellt von Benutzer: Marketwired
Datum: 24.04.2013 - 10:15 Uhr
Sprache: Deutsch
News-ID 252272
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