PCCA Journal 3rd Quarter 2014 - page 41

PCCA Journal|3
rd
Quarter 2014
41
P
ennEast Pipeline Compa-
ny, LLC, announced 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 Pennsylva-
nia and New Jersey. PennEast is a joint
project of AGL Resources, NJR Pipeline
Company, a subsidiary of New Jersey
Resources, South Jersey Industries, and
UGI Energy Services (UGIES), a subsid-
iary of UGI Corporation.
The PennEast Pipeline is designed
to provide natural gas service to the
equivalent of 4.7 million homes, up to 1
Bcf per day, 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 man-
ager for the development of the project
and will operate the pipeline.
“In response to the abundant supplies
and low price of natural gas, customer
demand has increased significantly,”
said John Walsh, President and CEO of
UGI Corporation. “This project serves
to meet that growing demand in the mid-
Atlantic marketplace, while providing
greater system resiliency and reliability
for local utilities.”
Prior to the development of the Mar-
cellus Shale play, natural gas lines were
constructed to bring gas primarily from
the Gulf of Mexico region and Canada
into the Northeast. Pennsylvania is the
fastest growing natural gas producing
state in the country, according to the
U.S. Energy Information Administration,
and the PennEast sponsor companies
recognized the opportunity to use locally
produced gas to serve growing markets
the future through grid modernization
strategies, essentially an “energy inter-
net” delivering real-time information and
knowledge to empower consumers.
The survey was conducted online
within the United States by Harris Poll
on behalf of GE. It is not based on a
probability sample and therefore no esti-
mate of theoretical sampling error can be
calculated.
PennEast Plans Natural Gas Pipeline
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