Global Construction Update: LNG Markets, Resurgent China Kindle Pipeline Projects
by Jeff Awalt, Executive Editor, Pipeline & Gas Journal Global midstream markets continue to face near-term headwinds and economic uncertainties, but Europe’s rapid transition from Russian energy and projected higher demand in Asia continue to drive midstream expansion in those regions and others that supply them. While macro-trends continue to favor growth in natural gas demand and infrastructure development, several factors have combined to depress pricing and threaten production growth during a period of shifting global trade. A milder-than-expected winter and unprecedented European conservation efforts have led to high natural gas storage levels in both Europe and the United St
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