Rapid North American shale gas development pushes up global capacities

Shale gas development in North America last year pushed up regional and global processing and fractionation capacities more rapidly in 2012 than in 2011, as reflected in Oil & Gas Journal's latest plant-by-plant survey of global gas processing as of Jan. 1, 2013. With drilling and production targeting wetter shale plays, midstream processors and transporters have responded by seeking opportunities to extract high-value liquids and to move both gas and liquids to downstream markets as soon as possible. Part of that response also sees growing export capacity, especially along the US Gulf Coast. OGJ data show US gas processing capacity advanced in 2012 by nearly 4 bcfd, pushing up total ...

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