March 2020, Vol. 247, No. 3


Williams Drops Plans for Constitution Pipeline into New York

PGJ Staff Report Williams Cos canceled its Constitution natural gas pipeline from Pennsylvania to New York in the wake of years of opposition from environmental groups and others in New York. The decision came despite FERC ruling the state had forfeited its ability to rule on a water permit by taking too much time to deny the application. Williams reported recently the Constitution project had made a $354 million dent in its 2019 earnings. “The underlying risk adjusted return for this greenfield pipeline project has diminished in such a way that further development is no longer supported,” the company said in a statement to the media. Williams said its existing pipeline network and ot

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