The U.S. Federal Energy Regulatory Commission (FERC) approved TC Energy's Virginia Reliability Project, the company said in a statement dated Nov. 17, adding that it will work to place it into service as soon as possible.
It is estimated to add over $500 million of economic value, while creating more than 3,500 jobs in the state, TC Energy said in the statement.
Columbia Gas Transmission’s Virginia Reliability Project (VRP) is an expansion project that would replace two existing segments of the pipeline system to continue reliable and abundant natural gas supply.
Owned by TC Energy, the Columbia Gas Transmission system extends from New York to the Midwest and Southeast, serving as a link between major natural gas basins and major markets.
The Virginia Reliability Project involves replacing approximately 48 miles of 1950's 12-inch diameter pipeline with 24-inch diameter pipeline with state-of-the-art steel pipe and technology, according to the company website.
The construction is expected to begin by the second quarter of 2024 with a projected in-service date of Nov. 1, 2025, the company website said.
When completed, this project will make energy more reliable and affordable in the Hampton Roads region, it added.
Recommended Reading
'Physics Wins': Scott Tinker on the Energy Transition's Future
2023-12-08 - Scott Tinker, CEO of Tinker Energy Associates shares advice about the energy industry and how he sees the future of the industry, in this Hart Energy LIVE Exclusive.
Kinder Morgan’s Permian Highway Pipeline Expansion Begins Service
2023-12-08 - Kinder Morgan’s expansion added an additional 550 MMcf/d of capacity on the Permian Highway Pipeline, which runs from the Waha Hub and terminates close to Katy, Texas, where it supplies terminals along the Gulf Coast.
Endeavor Energy Explores Sale for up to $30B, Sources say
2023-12-08 - Endeavor Energy Partners operations span 350,000 net acres in the Permian’s Midland Basin — considered of the most lucrative oil and gas region in the U.S.
Appalachian Basin Awaits Pipeline Connections to the Gulf Coast
2023-12-08 - A close look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.
Energy Transition in Motion (Week of Dec. 8, 2023)
2023-12-08 - Here is a look at some of this week’s renewable energy news, including a continued growth streak for U.S. solar.