Nipsco: Interest in Crossroads More than Expected
Crossroads Pipeline Co., a subsidiary of Nipsco Industries, said
Thursday its open season to test shipper interest in the Crossroads
Pipeline expansion exceeded the company's expectations. Companies
expressed interest in over 600,000 Dth/d for the proposed
interconnect. The open season for the Crossroads expansion began
February 16 and ended March 31.
The expansion's capacity has not been determined yet, Maria
Hibbs, a Nipsco spokesperson said, because no commitments have been
received. She expects to receive customer commitments within the
next 45-60 days.
The expansion was first announced in February (See Daily GPI, Feb 11). It will cost between
$35-$45 million to build the 25-mile extension which will interconnect
with Northern Border Pipeline and NGPL at North Hayden, IN. If
completed, the expansion would increase throughput 300% from its
current 150,000 Dth/d level.
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