Most of the new oil and natural-gas pipelines that get financed and built over the next few years will be short-haul projects that address regional constraints, not the much longer projects that helped drive the sector in the past, says Peter Abt, Black & Veatch managing director in charge of the firm's oil and gas strategy practice.
Abt, who oversaw B&V's "2013 Strategic Direction in the North American Natural Gas Industry" report, also believes that only a few of the more than 20 liquefied-natural-gas export terminal projects now being planned actually will be constructed.