• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 1 hour In a Nutshell...
  • 1 day Is OilPrice a cover for Green Propganda
  • 3 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 3 hours Putin Paid Militants to Kill US Troops
  • 5 hours Why Wind is pitiful for most regions on earth
  • 2 days Victor Davis Hansen on Biden's mental acuity " . . unfit to serve". With 1 out of 5 Democrats admitting it. How many Dem's believe it but will not admit it?
  • 19 hours Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 1 hour Joe Biden to black radio host, " If you don't vote for me you ain't black". That's our Democratic Party nominee ?
  • 20 hours Happy 4th of July!
  • 18 hours Apology Accepted!
  • 1 day Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 2 days The Political Genius of Donald Trump
  • 3 days Per most popular Indian websites it was Indian troops not Chinese troops breach of LAC that caused the clashes. If you know any Indian media that claim to the contrary please provide the link
Oil Markets On Edge As Second Wave Hits

Oil Markets On Edge As Second Wave Hits

While hopes of a global…

Saudi Arabia Is Bullying OPEC Members Into Compliance

Saudi Arabia Is Bullying OPEC Members Into Compliance

Saudi Arabia has threatened OPEC…

U.S. Approves $3.2B Appalachian Natural Gas Pipeline

TransCanada said on Friday that the U.S. Federal Energy Regulatory Commission (FERC) had approved the full in-service of the Mountaineer XPress natural gas pipeline project, which will help link the Appalachian basin’s natural gas supplies and growing markets in the U.S. and beyond.

The Mountaineer XPress (MXP) project includes a 170-mile natural gas pipeline in West Virginia that will increase natural gas capacity by 2.7 billion cubic feet per day and together with related infrastructure—new compressor stations and modifications to existing compressor stations—represents a total investment of US$3.2 billion.

The approval of the full in-service of Mountaineer XPress will allow TransCanada to start partial in-service of its Gulf XPress Project, a network of seven new compressor stations in Kentucky, Tennessee, and Mississippi, which will significantly increase the reach of low-cost, U.S.-produced natural gas from the Appalachian Basin. Investment in Gulf XPress is some US$600 million, according to TransCanada.

The start of the Gulf XPress project includes placing into service four new compressor stations located in Kentucky, Tennessee, and Mississippi, which are expected to provide additional capacity of 530,000 million cubic feet of natural gas per day on the Columbia Gulf Transmission System. Gulf XPress is expected to begin full service in the coming weeks, TransCanada said in a statement.

Both the Gulf XPress and the Mountaineer XPress are underpinned by long-term contracts with customers, the Canadian pipeline operator noted.

“Mountaineer XPress and Gulf XPress are extremely important to TransCanada as they provide much-needed takeaway capacity for our customers, while also growing our extensive footprint in the Appalachian Basin,” TransCanada President and CEO Russ Girling said.

In mid-February, TransCanada said it had revised upward its project costs for the Mountaineer XPress project to US$3.2 billion, due to delays in regulatory approvals from FERC and other agencies, higher contractor costs due to unusually high demand for construction resources in the region, inclement weather during construction, and changes in contractor work plans to mitigate delays. 

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com: 



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News