Insight
North America gas markets new industrial capacity update Q2 2015
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Report summary
Contrary to expectations, industrial demand hasn`t been affected much by lower oil prices. Since early December, 16 new projects started construction, increasing additional gas demand under construction to 1 bcfd, compared to 0.5 bcfd. Overall, total gas burn from the projects that we categorize as "firm" has increased to 3.2 bcfd through 2020, from 2.8 bcfd in late 2014.
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- United States
- Canada
- Major Updates for the US:
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