Even with the price of natural gas currently hovering at around $2.21 mmBTU (one million BTU), which is about half of what it was trading at about 12 months ago, Kinder Morgan is pushing ahead with its planned gas pipeline project in the New England area.
The Tennessee Gas Pipeline Company, (TGP), which is a subsidiary of the Houston-based Kinder Morgan, recently filed a certificate application under Section 7(c) of the Natural Gas Act with the Federal Energy Regulatory Commission (FERC) for its proposed Northeast Energy Direct Project (NED). According to a Kinder Morgan announcement, the approximately $5 billion NED Project will expand TGP’s existing, extensive pipeline system in Pennsylvania, New York and New England, connecting low-cost natural gas supplies from northern Pennsylvania to New York and New England markets.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
