January 8, 2007—The Federal Energy Regulatory Commission (FERC) has approved a $1.04 billion interstate natural gas pipeline project proposed by five companies that will provide more than 525, 400 dekatherms per day of Canadian and domestic gas to meet rising energy demand in New York.
The companies propose to construct and operate more than 260 miles of new pipeline and more than 115,130 horsepower of compression to transport natural gas from the US-Canada border to the New York City metropolitan region.
FERC Chairman Joseph T. Kelliher observed, “The Millenium pipeline is an important project. It will help deliver badly needed natural gas supplies to the New York City metropolitan area. Demand for natural gas has been rising in the region, and these kinds of infrastructure projects are necessary to assure adequate energy supplies at reasonable prices. If we fail to strengthen our energy infrastructure, the inevitable result will be high prices.”
FERC says it will impose 56 environmental conditions to mitigate any potential adverse impacts stemming from the construction and operation of the proposed project. The Commission ordered that construction of the facilities be completed and available for service within three years of the date of the order.
For more information visit FERC.
