Platts: Investment, profits moving downstream in natural gas: Deloitte
Investment in the natural gas industry is moving down the supply chain from drillers to midstream pipeline and processing plant operators, the head of consulting firm Deloitte's oil and gas practice said Tuesday.
"Midstream is the sweet spot for the industry," Deloitte Vice Chairman John England told reporters at the 2014 Deloitte Energy Conference at a resort outside Washington.
"We have massive gas fields [now] but we can't get that gas to the Boston market," England said, noting that the record 2014 winter demonstrated the need for more capacity linking the Marcellus Shale to New York and Boston.
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