US must invest $150 bln in infrastructure to monetise gas

The United States needs to invest $150 billion in infrastructure to ensure it fully monetises the country’s growing gas production.
By Staff reporter 12 April 2018 0 30418

The United States needs to invest $150 billion in infrastructure to ensure it fully monetises the country’s growing gas production, according to the senior vice president of Houston-based Tellurian, Amos Hochstein.

Reuters quoted the executive as saying there is not enough pipeline capacity to transport the country’s associated gas to areas of demand or export points.

Industry figures have said the sheer size of new shale discoveries in West Texas means producers could pay customers to take associated gas output and still make a...

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