The Time Is Now for Brookfield Infrastructure Partners LP (BIP)

Brookfield Infrastructure Partners LP (NYSE: BIP), a miscellaneous owner, recently stated the rising importance of natural gas and expanded investment in this attractive sector.

Natural gas is the cleanest fossil fuel, according to BIP, and it is playing an increasingly important role in the global economy. Despite advancements in renewable energy, moving away from coal is sometimes accompanied by a conversion to gas, which reduces emissions while preserving the benefits of combustion technology.

Natural gas storage, processing (liquefaction and regasification), transportation, and export are all handled by Brookfield Infrastructure Partners LP (BIP). According to corporate management, the value of natural gas has increased even more in the last two years, despite interrupting supply systems and geopolitical uncertainties.

Brookfield has already made preparations for the projected rise in export shipments in North America. Customers in the United States are already exploring the prospect of boosting the capacity of LNG export facilities along the Gulf Coast.

Brookfield Infrastructure Partners LP (BIP), on the other hand, may fill these terminals via pipelines that extend from Canadian fields to the west coast of North America, where multiple LNG export facilities are currently under construction.

Brookfield bought a stake in LNG exporter Cheniere Energy Partners (CQP) in late 2020. The business has finished the building of the new plant’s sixth natural gas liquefaction line, which will significantly enhance LNG output by 2023.

As a result, Brookfield Infrastructure Partners LP (BIP) is positioning itself to benefit from developments in the global natural gas market.

BIP stock has a 5-day range of $57.45 to $60.56, with a total return of -2.68 percent during that time period. Meanwhile, this stock has moved in a range of $57.45 to $68.27 during the last month, resulting in a -11.39 percent drop in value. This stock’s price has moved by -2.89 percent in the last three months, moving in the range of $57.45 to $69.01.