ENVIRONMENT AND MARKETPLACE FORCING MAJOR CHANGES IN GAS PROCESSING

R.E. Cannon Gas Processors Association Tulsa Major changes have occurred and internal restructuring is under way that will dramatically change the gas-processing industry. Some reasons for the industry's current state of flux are dramatic shifts in market demand, the lowest operating margins in recent memory, environmental pressures on NGL uses, increased refinery production of gas liquids, excess capacity and production, and an extremely competitive market place.

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