NGL Prices Expected to Stay Low as New Capacity Comes Online, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Sep 21, 2015) - Written by John Egan for IIR Energy (Sugar Land, Texas)--IIR Energy believes this month's scheduled completion of several natural gas liquids (NGL) projects in Oklahoma, Ohio, Colorado, Alberta and British Columbia will increase processing and transport options. But prices are expected to remain low due to the oversupplied North American market. Large consumers of NGLs are expected to continue benefitting, while producers will try to hold on in the current low-price environment. IIR Energy's NGLs Live database shows some of the NGL projects scheduled to wrap up construction in September.
Within this article: Details regarding several North American NGLs projects in IIR Energy's NGLs Live database.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Source: Marketwired (Canada)
(September 21, 2015 - 6:15 AM EDT)
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