CERAWeek is the energy industry’s preeminent gathering of industry leaders and government officials, offering new ideas, insight, and discussions on major strategic issues facing the global energy industry. On the final day of this year’s conference, IHS Energy’s Senior Vice President addressed what is ahead for energy.
There are many side effects of the U.S. shale revolution, but one is the onset of an infrastructure boom. The advance of the shale gas revolution has brought about an infrastructure boom, and financing for the needed infrastructure and processing is at the forefront.
The vast need to finance for the infrastructure boom is being discussed in all regions of the U.S., and big energy companies are securing 10 or 20 year contracts to do so. MLPs (master limited partnerships) are increasingly becoming economically more popular.
Energy companies, no matter the size, are making major changes in financial structuring to finance necessary infrastructure.