Midstream Consolidates, Expands Ahead of LNG Export Demand Jeff Awalt U.S. midstream companies would be hard-pressed this year to approach the record earnings that many achieved in 2022, but the sharp decline in oil and natural gas prices from last year's highs hasn't blunted their expansion efforts. More than 8 Bcf/d of pipeline capacity is either planned or under construction from the Permian and Haynesville 12 NOVEMBER 2023 | UndergroundInfrastructure.com basins as pipeline operators jockey for position around LNG growth markets on the Texas and Louisiana Gulf Coasts. Complementing these efforts, an ongoing wave of acquisitions is making some of the biggest midstream players even bigger while embedding them more deeply in both production and demand markets. Some of those acquisitions are expanding gathering and processing (G&P) footprints to support existing long-haul business. Others are aimed at positioning companies to capitalize on LNG demand growth, however, which necessarily requires that operators move ahead of the demand actually materializing. And some of the LNG expansionshttp://www.UndergroundInfrastructure.com