Nozo Nagai, Tokyo Gas Ltd.’s general manager of upstream business development, said increases in “homeless LNG” will add liquidity to the global market. Nagai spoke at Hart Energy’s Midstream Texas conference in San Antonio. Source: Hart Energy
SAN ANTONIO—Midstream players were urged to maintain a tight grip on costs amid low natural gas prices by speakers at Hart Energy’s recent Midstream Texas conference.
The midstream sector should maintain “vigilance in driving down costs” as it expands demand-driven natural gas infrastructure needs, attendees heard from John Poarch, vice president, commercial & business development, Williams Cos.
And midstream players and equipment suppliers “need to find ways to significantly reduce the cost of pipelines and processing facilities to remain competitive in today’s low cost price environment,” said Carlos Conerly, vice president, ISII Plant Services.