OILPRICE | Some 5 billion cubic feet per day (Bcf/d) of new pipeline capacity was placed into service in the United States in the first half this year, but an estimated 8.7 Bcf/d of pipeline projects have been canceled so far in 2020, the U.S. Energy Information Administration (EIA) said on Monday.
The major cancellations included the 1.5 Bcf/d Atlantic Coast Pipeline project, which was designed to transport natural gas from the Marcellus and Utica shale gas plays to electric power consumers in the Southeast.
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