Energy companies will have to cough up a total of $68 billion for new pipeline and storage facilities in North America over the next 14 years if they hope to cash in on the still-expected 30 Tcf U.S. market for natural gas by then, according to a new study commissioned by the INGAA Foundation. But higher capital costs in the wake of the Enron Corp. financial fiasco could delay some of the building.
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INGAA Study: $68B in New Pipe, Storage Needed by 2015
Energy companies will have to cough up a total of $68 billion for new pipeline and storage facilities in North America over the next 14 years if they hope to cash in on the still-expected 30 Tcf U.S. market for natural gas by then, according to a new study commissioned by the INGAA Foundation. But higher capital costs in the wake of the Enron Corp. financial fiasco could delay some of the building.
January 17, 2002
FERC Orders ConEd to Cough Up Millennium Documents in Five Days
The Federal Energy Regulatory Commission, denying a citizen group’s request for a subpoena, has itself ordered Consolidated Edison and KeySpan Energy to provide detailed information, including maps and engineering work papers supporting the companies’ requirement that the proposed Millennium Pipeline connect with ConEd in Mount Vernon, NY.
January 11, 2002
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