Permian Basin Leads U.S. Gas Pipeline Kickoffs in Second Quarter

March 10, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--As U.S. demand for natural gas is expected to grow substantially in the coming years, midstream companies are preparing to build out their takeaway capacity in some of the top hotspots for gas exploration. Industrial Info is tracking about $5.4 billion worth of active and proposed projects for natural gas pipelines across the U.S. that are set to begin construction in the second quarter; Industrial Info believes about $4 billion worth has a high likelihood (81% or more) of beginning construction as planned. Energy Transfer LP (NYSE:ET) (Dallas, Texas) leads among project developers in quarterly kickoffs, thanks largely to a major development in the Permian Basin. Other companies featured: Targa Resources Corporation (NYSE:TRGP) and TriSummit Utilities