Investor Presentaiton
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UNDERGROUND UTILITY & INFRASTRUCTURE SOLUTIONS
Energy Delivery and Ancillary Services Drivers
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Need for pipeline and related infrastructure is being driven by the
significant increase in hydrocarbon availability from North American
unconventional natural gas and oil production from new locations
Demand for natural gas in the United States is expected to grow to
support domestic use, LNG exports, exports to Mexico and for power
system reliability as renewable generation (and intermittency) increases
As of Feb. 2022, U.S. LNG export capacity has increased +600% since
2017(1). In response to the Russia/Ukraine war and the European
Union's (EU) effort to reduce its reliance on Russian natural gas, the
EU recently announced a deal with the U.S. to import 1.5 Bcf/d of LNG
in 2022 and increase to 5 Bcf/d by 2030(1)
Increasingly, incremental U.S. hydrocarbon production is expected to
be exported to meet growing global demand
As a result, significant long-term investment in pipeline and related
midstream infrastructure is needed to keep pace with expected long-
term hydrocarbon demand and production
Pipeline construction is a good business and generates solid cash flow,
but is cyclical. Quanta is not growing these operations strategically
- have the resources we need
QUANTA
(1) Goldman Sachs Asset Management, April 2022
ENTERPRISE
Production
Grows
The
Infrastructure
Spreads Infrastructure
Tighten
Cycle
Infrastructure
Built
Fills
Spreads
Blowout
Source: East Daley Capital
Representative Customers
CENBRIDGE EQT
Life Takes Energy™
Enterprise Products
Partners L.P.
© TC Energy
KINDER MORGAN
Williams
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