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Global processing capacity trails advances in production

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Global processing capacity trails advances in production

Unread postby Graeme » Mon 22 Jun 2009, 19:35:04

Special Report: Global processing capacity trails advances in production

Natural gas production last year advanced in every region, as climbing natural gas prices spurred global production growth of nearly 7% (OGJ, Mar. 9, 2009, p. 64).

Gas processing capacity, however, lagged this growth. In the US, capacity moved ahead by nearly 2% but Canada's growth was flat (Table 1). For the entire world, OGJ's data show that capacity growth in virtually every region stagnated.


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Graeme
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