Tennessee Gas Pipeline and Equitable Resources to Co-Develop Pipeline
Posted on: Wednesday, 12 December 2007, 06:00 CST
Tennessee Gas Pipeline Company, a wholly owned subsidiary of El Paso Corporation, and integrated energy company Equitable Resources have announced that they intend to jointly develop the Northeast Passage project.
Equitable Resources said that its status as an integrated energy company with emphasis on Appalachian area natural gas supply, transmission, and distribution allows it to help anchor the project with a planned commitment of up to 300 million cubic feet per day.
The Northeast Passage project will consist of 471 miles of 36-inch diameter interstate natural gas pipeline with an initial capacity of 1.1 billion cubic feet per day, as well as 70,000 horsepower of compression.
The project, designed to provide new transportation service between the terminus of the Rockies Express pipeline project and northeastern markets, will begin at Clarington, Ohio and terminate at a new interconnect with Iroquois Gas Transmission at Pleasant Valley, New York.
Bryan Neskora, senior vice president and chief commercial officer of Tennessee Gas Pipeline, said: "The Northeast Passage project will provide critical new energy infrastructure to transport natural gas directly to city gates and strategic pipeline interconnects in the Northeast and Pennsylvania markets, while providing an alternative supply source for declining Canadian supplies."
Source: Datamonitor
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