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What are the segments of the natural gas industry and how many are there?

April 26, 2017Industry natural gas segments

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What are the segments of the natural gas industry and how many are there?

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A.There are three segments of the natural gas industry which are involved in delivering natural gas from the wellhead to the consumer. Production companies explore, drill and extract natural gas from the ground. Transmission companies operate the pipelines that link the gas fields to major consuming areas. Distribution companies are the local utilities that deliver natural gas to the customer.