PennEast Pipeline Co. LLC announced that Spectra Energy Partners has joined in the development of its PennEast Pipeline. The proposed interstate pipeline will transport natural gas to New Jersey and Pennsylvania.
Spectra Energy Partners is the sixth member of the PennEast Pipeline Co. It joined AGL Resources; NJR Pipeline Co., a subsidiary of New Jersey Resources; PSEG Power LLC; South Jersey Industries; and UGI Energy Services, a subsidiary of UGI Corp. Spectra Energy Partners has a 10% interest in PennEast. UGI Energy Services is the project manager for the pipeline’s development and will operate the pipeline.
The 108-mile, 36-inch diameter PennEast Pipeline will transport one billion cubic feet of clean, natural gas per day – enough to serve approximately 4.7 million homes. It will run from Luzerne County, Pa., to Transco’s pipeline interconnect in Pennington, N.J.
PennEast has initiated the Federal Energy Regulatory Commission pre-filing process and plans to file a formal application in third-quarter 2015. Pending regulatory approval, PennEast expects the pipeline to enter service in November 2017.
Recommended Reading
Battalion in Compliance with NYSE American after 2023 Meeting
2024-02-13 - Previously, Battalion Oil was not in compliance with the NYSE after failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Enerflex Appoints Thomas B. Tyree to Board
2024-03-12 - Tyree currently serves on Antero Resources’ board and recently served as chairman of Northwoods Energy LLC in 2023.