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Midstream Oil Companies Are Beginning To Feel The Pinch

Midstream Oil Companies Are Beginning To Feel The Pinch


Despite the fee-based and take-or-pay business models of energy infrastructure operators, the midstream sector is not immune to the oil price crash and the production shut-ins that upstream operators undertook in response to collapsing prices. Oil and gas infrastructure companies worldwide will be impacted by the rapid reduction of oil and gas volumes as the broader oil and gas industry struggles with the simultaneous demand and supply shocks, Moody's Investors Service said in a new report this week.

The midstream sector will not be able to offset the lower volume throughput and crash in prices fully, the rating agency said, changing its outlook on the global midstream energy sector to "negative" from "stable" for the first time.

 

 

https://oilprice.com/Energy/Energy-General/Midstream-Oil-Companies-Are-Beginning-To-Feel-The-Pinch.h...

 

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