March 2016, Vol. 243, No. 3

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US, Canada to Require $546 Billion in Gas, Oil and NGL Infrastructure Investment

WASHINGTON – The United States and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of about $26 billion per year, or $546 billion (real 2015$) total over the 21-year period from 2015 to 2035, a new study found. The report, North American Midstream Infrastructure Through 2035: Leaning into the Headwinds, conducted by ICF International on behalf of the INGAA Foundation, updates a 2014 infrastructure report to reflect the dynamic changes in the natural gas, NGL and crude oil industry in recent years. “We saw a need to reexamine infrastructure needs in light of significantly lower commodity prices,” said INGAA Foun

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