Natural gas customers to take lead on pipeline development

The next phase of U.S. natural gas pipeline development will need to be supported by large gas customers and not “debt-laden gas producers,” reports the Argus news site. It says the shift from producer-backed pipeline projects in the Northeast is already in evidence with Duke Energy, Dominion Resources, NextEra Energy and others making significant investments in new infrastructure. Natural gas producers “remain debt-laden and are no longer able to invest in new infrastructure," according to Argus. For more, read the full story.