Permian Natural Gas Demand to Soar as Midstream Expansion Takes Hold
The Permian Basin natural gas market is experiencing an economic rebound due to midstream expansion unlocking demand.
According to East Daley Analytics, booming demand from LNG export terminals and power-hungry data centers will add over 31 Bcf/d in US natural gas consumption by 2036.
However, pipeline capacity constraints could stall growth for new entrants. The analysts point out that firm transport is emerging as a key constraint to this expansion.