Two US Senate Energy and Natural Resources Committee members from New England joined a witness from the Environmental Defense Fund in questioning how major natural gas pipeline projects are financed. Markets and priorities have changed to a point that relying on purchasers’ capacity commitments to raise construction capital may no longer be appropriate, they said at a June 14 hearing examining pipeline economics and other issues.

Source: News

Two US Senate Energy and Natural Resources Committee members from New England joined a witness from the Environmental Defense Fund in questioning how major natural gas pipeline projects are financed. Markets and priorities have changed to a point that relying on purchasers’ capacity commitments to raise construction capital may no longer be appropriate, they said at a June 14 hearing examining pipeline economics and other issues.

Source: News