During the 2020 ADI Forum, industry leaders John Powell, SVP & COO, NGLs, Crestwood Equity Partners, and Eric Hazeldine, EVP & Midstream SME, Quorum Software, addressed the significant challenge of midstream constraints in key basins, notably Western Canada. Pipeline delays, canceled LNG projects, and negative gas prices are hindering producers’ market access, especially for natural gas exports to Asia. Despite these hurdles, the industry is adapting, with the “incremental barrel” finding its way to export hubs like Ferndale in the U.S. and AltaGas facilities as producers prioritize cost-effective solutions. The overarching goal, whether for natural gas, crude oil, or NGLs, is to reduce logistics costs and maximize producer returns, emphasizing that efficient hydrocarbon movement to the right markets will be crucial for maintaining competitiveness as infrastructure development progresses.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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