uploads/2016/09/supply-growth-1.png

How BWP is Positioned to Benefit from Natural Gas Supply Growth

By

Updated

Natural gas production growth

Natural gas drilling activity has decreased significantly over the past few months. According to Boardwalk Pipeline Partners’s (BWP) investor presentation, it expects US natural gas production to increase 23% in the next five years. Strong natural gas demand in the US Northeast region and other regions is driving strong natural gas supply growth in the Northeast region.
supply growth

Article continues below advertisement

How BWP benefits

According to Boardwalk Pipeline Partners (BWP), “Our pipelines are well situated to transport natural gas from a variety of supply basins to end-use markets such as LNG export facilities, power generation, local distribution companies (LDCs) and industrials.”

The partnership has secured a long-term contract to transport 1 Bcfpd (billion cubic feet per day) of natural gas out of the Marcellus and Utica supply basins.

Advertisement

More From Market Realist