New data, old story: US, Canada continue to dominate world's gas processing

In late 1999, BP PLC started up the second of two trains at its 1-bcfd gas plant at Pascagoula, Miss., which the company operates and in which it holds 60% interest. The plant straddles the Destin Pipeline, an offshore and onshore system that connects natural gas producers in the eastern US Gulf of Mexico with five interstate lines. (Photograph from BP PLC, Houston, and copyrighted by Morrison Wulffraat, Houston.)Click here to enlarge imageStrong energy prices and demand worldwide in 2000 buoyed worldwide gas processing, cushioning processors from high natural gas prices with higher liquids prices. This pattern held especially true in North America. There, processors whose contracts gar...

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