December 2014, Vol. 241, No. 12
Projects
Spectra Energy Joins PennEast Pipeline Development
Spectra Energy Partners has joined in development of the PennEast Pipeline. The proposed interstate natural gas pipeline will transport natural gas to meet growing energy demand in New Jersey and Pennsylvania.
Spectra becomes the sixth member of the PennEast Pipeline Company, LLC. It joins AGL Resources; NJR Pipeline Company; PSEG Power LLC; South Jersey Industries; and UGI Energy Services (UGIES). Spectra and PSEG Power each have a 10% interest in PennEast; the remaining member companies each have a 20% interest. UGIES is project manager for the development and will operate the pipeline.
The 108-mile, 36-inch PennEast Pipeline will transport 1 Bcf/d of natural gas. It will run from Dallas, Luzerne County, in northeastern Pennsylvania, to Transco’s pipeline interconnect in Pennington, Mercer County, NJ.
PennEast has initiated the Federal Energy Regulatory Commission pre-filing process and plans to file a formal application in the third quarter 2015. Pending regulatory approval, PennEast anticipates a November 2017 start-up.
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