“Inopportune times” for investing in Appalachia pipeline projects
Monday, 06 January 2020
American oil and gas producers are shying away from building major pipelines in the Appalachian Shale as production has slowed down in the current low-price environment. “No exit pipelines will come into service in 2020,” Energy Aspects says, pointing at scheduling delays and massive cost overruns at the Atlantic Coast Pipeline and Mountain Valley Pipeline.
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