PennEast Pipeline To Bring Marcellus Shale Gas To East Coast

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PennEast Pipeline Co. LLC plans to construct a 100-mile pipeline intended to bring lower cost natural gas produced in the Marcellus Shale region to homes and businesses in Pennsylvania and New Jersey. The PennEast Pipeline is designed to provide natural gas service to the equivalent of 4.7 million homes, up to 1 Bcf/d, offering consumer savings in lower energy and gas transportation costs. The pipeline will begin in Luzerne County in northeastern Pennsylvania and end at Transco’s Trenton-Woodbury interconnection in New Jersey.
  PennEast is investing nearly $1 billion to build the pipeline with the costs split among the four entities. UGIES is the project manager for the development of the project and will operate the pipeline.
  Additionally, the new pipeline is expected to benefit the region’s economy and create jobs.  During the seven-month construction phase, the PennEast project is estimated to create in excess of 2,000 new jobs, as well as many other ancillary jobs. PennEast will begin preliminary engineering studies in the coming months, along with a formal application before the Federal Energy Regulatory Commission (FERC). If all local, state and federal approvals are timely approved, construction of the pipeline could begin in 2017.