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Wed, 24 February 2010
El Paso Corporation’s wholly-owned subsidiary Tennessee Gas Pipeline Company (TGP) has executed binding, 20-year term agreements with Chesapeake Energy Marketing and StatOil Natural Gas for 100 per cent of the capacity of its Northeast Upgrade Project.
The project will provide 1 Bcf/d of incremental firm transportation capacity from TGP's 300 Line in Pennsylvania to an interconnect in New Jersey to serve growing markets in Northeast United States.
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El Paso anticipates a mid-2011 Federal Energy Regulatory Commission filing date, with operation scheduled for 1 November 2013. An open season is expected to begin this month with final capacity awarded in March 2010.
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Categories: Gas, North America, Projects
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