North America gas markets new industrial capacity update Q1 2018
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Report summary
Industrial demand averaged 21.6 bcfd, representing a 0.5 bcfd of year-on-year growth. We anticipate further growth in 2018 as 13 new projects come online. Meanwhile, the US and China continues to impose and propose new tariffs. On top of the steel tariffs imposed by the US, on April 4, 2018, China proposed 25% tariffs on various products, including chemical products such as propane. What kind of impact will these tariffs have?"
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- Wood Mackenzie tracks gas-intensive projects that materially impact US and Canadian demand.
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