NGI The Weekly Gas Market Report / NGI All News Access

Texas Eastern Expansion Gets Green Light from Duke

Duke Energy Gas Transmission (DEGT) said it will expand the Texas Eastern Transmission system from Lebanon, OH, to New Jersey by up to 150,000 Dth/d to meet firm contracts with PSEG Power LLC and New Jersey Natural Gas.

The Texas Eastern Incremental Market Expansion (TIME II) will include the addition of 10 miles of pipeline at two locations in Ohio, 21 miles of pipeline at three locations in Pennsylvania and 30,000 horsepower of compression at two locations in Pennsylvania. An initial in-service date of late 2007 is planned.

"TIME II helps our customers meet their demand needs in a cost-effective way," said Greg Rizzo, group vice president of Northeast transportation and storage, DEGT. "In addition, we believe Lebanon, OH, is the logical hub where sellers of natural gas from Midcontinent and Canadian supply basins can meet buyers from the East Coast. For that reason, we are studying the potential for hub-based services at Lebanon such as pooling, title transfer, balancing and park and loan services."

Texas Eastern already has filed an application for the expansion with the Federal Energy Regulatory Commission (FERC).

©Copyright 2006 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.

Comments powered by Disqus