This is inline with TGP signing the binding 15-year term agreements with Cabot Oil & Gas, Anadarko Energy Services Company and Seneca Resources.
To accommodate shippers’ requested transportation paths from Marcellus receipt points to markets in New England and at Niagara, the NSD Project combines TGP’s original NSD Project, which provided transportation to New England, with TGP’s Marcellus to Leidy and Niagara Project (MLN Project), which provided transportation service to Niagara. The combined projects are now called the NSD Project.
TGP will expand capacity through a combination of pipeline looping, compressor station modifications, and use of existing capacity. Specifically, the NSD Project involves the installation of approximately seven miles of 30-inch diameter pipeline along TGP’s existing right-of-way, compressor modifications on the Niagara Spur, and the utilization of existing and off-system capacity.
Capital for the NSD project is expected to be less than $100m. TGP anticipates filing a certificate application with the Federal Energy Regulatory Commission in late 2010. Pending regulatory approvals, construction would begin in the first half of 2012, with a November 1, 2012 in-service date.
