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Tennessee Gas Pipeline places projects in service to move more Marcellus shale natural gas

HOUSTON (Bloomberg) -- Tennessee Gas Pipeline Company (TGP), a subsidiary of Kinder Morgan Energy Partners, placed the fully subscribed Northeast Upgrade Project (NEUP) in service on schedule Nov. 1. The approximately $500 million project boosts capacity on TGP’s 300 Line system in Pennsylvania and New Jersey by 636,000 dekatherms per day (dth/d) and provides additional takeaway capacity from the Marcellus shale area.

“We are delighted to place both the NEUP and MPP projects in service as scheduled and provide our customers with reliable, efficient pipeline service to move more Marcellus Shale natural gas to the growing northeast market”

TGP also placed into service its approximately $65 million Marcellus Pooling Point (MPP) project as scheduled on Nov. 1. The fully subscribed project provides about 240,000 dth/d of additional firm Marcellus transportation capacity on TGP’s pipeline system in Pennsylvania.

“We are delighted to place both the NEUP and MPP projects in service as scheduled and provide our customers with reliable, efficient pipeline service to move more Marcellus Shale natural gas to the growing northeast market,” said Natural Gas Pipelines East Region President Kimberly S. Watson. “We continue to make progress on approximately $300 million of additional TGP expansion projects that have been previously announced.”

11/04/2013

 

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