Continued Midstream Infrastructure Development Expected After Market Rebound
1/18/2021
The INGAA Foundation released its report North American Midstream Infrastructure – A Near Term Update Through 2025, which shows the oil and gas markets should rebound and lead to further midstream infrastructure development. Tony Straquadine Jr. This report, developed for the Foundation by ICF, a global consulting and digital services provider, examines how the COVID-19 pandemic has affected oil and gas markets and midstream infrastructure, and how those impacts will ease over the next five years. As the effects of the pandemic subside, ICF’s analysis indicates that markets will rebound as demand returns. Domestic natural gas use is expected to rise to an average of roughly 87.5 b
