Tennessee Gas Pipeline Co.‘s recent open season for its 300 Line Expansion Project resulted in a binding precedent agreement for a 15-year term from Equitable Energy LLC, a subsidiary of Equitable Energy, which was awarded all of the project’s 300,000 Dth/d of capacity. The project links Equitable’s Appalachian production to Northeast markets. The expansion facilities will consist of approximately 125 miles of 30-inch diameter pipeline looping and approximately 46,000 hp of additional compression facilities to be constructed in Tennessee’s existing pipeline corridor in Pennsylvania and New Jersey. Tennessee, a subsidiary of El Paso Corp., has entered into a fixed-price agreement to lock in its pipe costs. Tennessee plans to file its certificate application with the Federal Energy Regulatory Commission during the second quarter of 2009, with phased construction anticipated during 2010 and 2011.

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