Algonquin Gas Transmission received more than 1.3 Bcf/d of interest from shippers during its binding open season for its proposed east-to-west expansion project, the Spectra Energy pipeline said. The open season, which closed March 20, was held in response to interest from customers needing capacity to serve the Northeast market. "Market interest in the East to West project is very strong, and exceeds our expectations," said Bill Yardley, group vice president for Spectra Energy. The project, which will use existing mainline infrastructure, is expected to be in service by Nov. 1, 2009. Incremental expansion will be constructed as needed and existing rights of way will be leveraged to the fullest extent practical in order to minimize environmental and landowner impacts, the pipeline said. Next steps include negotiating definitive agreements with shippers, initiating public outreach and beginning the FERC pre-filing process.
©Copyright 2007 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.