Energy Infrastructure poised to grow next year, Fitch says
Dec 21, 2010 | 10:04 AM
| Corinna Petry
Natural gas demand is expected to be flat next year compared with 2010, but production trends will drive energy infrastructure development, fed by advancements in horizontal drilling and hydraulic fracturing, Fitch Ratings Services said in an outlook report on natural gas.
These advancements will promote further shale development and there will be a shift to onshore production in the wake of limited new permitting in the Gulf of Mexico, Fitch said. The need to develop infrastructure will pull demand for steel pipe and tubing.
Noting that shale development is "transforming" the U.S. pipeline sectors, Fitch said it is maintaining a stable outlook for 2011 based on an "operating environment that remains largely favorable."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.