natural gas pipelines
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Russia’s Nord Stream 2 pipeline is now complete, although gas will not be flowing until regulators issue various approvals, expected by the end of the year.
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The second of Nord Stream 2’s twin pipelines is scheduled for completion in August, with the first line having been finished and prepped for filling earlier this month. Politically, Nord Stream 2 has been nothing less than a high-stakes poker game among nations to achieve geopolitical goals.
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A Texas-sized winter storm has forced the largest oil and gas producing region in the US to lower output while demand for energy surges to combat the bitter temperatures.
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Pipeline bottlenecks have created a wide gap in the price of gas at a key pipeline hub in the Permian compared to the US benchmark level.
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Pipelines play a vital supporting role in the energy supply chain as one of the most efficient modes of hydrocarbon transportation. Unconventional resource development and LNG have set the stage for growth in onshore pipelines.
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