While many in Alaska and elsewhere have harbored doubts that the Alaska Gasline Inducement Act (AGIA) would yield a viable proposal for a pipeline to commercialize the state’s vast gas reserves, last week two of the three major North Slope producers joined hands and stepped up to the task. Their gasline gambit has stirred new optimism that a pipeline might actually get built.
Harbored
Articles from Harbored
Cross Bay Pipeline to New York City Gets FERC Nod
Although it harbored a few concerns, FERC last week gave certificate authorization to Cross Bay Pipeline Co. LLC of Houston last Wednesday to assume ownership of a 37-mile portion of Transcontinental Gas Pipe Line’s Lower New York Bay Extension and add 16,000 hp of compression in Middlesex County, NY, in order to boost gas deliveries into New York City by about 125,000 Dth/d. The Cross Bay project, first announced in January 1998, is estimated to cost $59.5 million.
November 12, 2001
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