Gas Industry Looks Toward Long Haul Amid Stagnant Prices

January 2018, Vol. 245, No. 1

By Michael Reed, Managing Editor

The prevailing thinking within the natural gas industry appears to be that the low-price environment is here to stay, prompting more players to pursue a strategy designed to optimize current assets while cutting costs rather than waiting for a recovery. This is according to the newly released Black & Veatch (B&V) report, 2017 Strategic Directions: Natural Gas Industry Report, which examines how companies are planning for long-term sustainability amid rising supplies. Maximizing performance from existing assets was cited by 65% of those polled as the highest priority within organizations hoping to maintain stable earnings. “Solid…

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