El Paso Corp. announced Wednesday that its subsidiary, Tennessee Gas
Pipeline Co., has received Federal Energy Regulatory Commission
(FERC) approval for its 300 Line Project.
"We are very pleased to receive FERC approval for an important
project that will make significant new Appalachian supplies available
to Tennessee Gas Pipeline customers," said Bryan Neskora, senior vice
president and chief commercial officer of Tennessee Gas Pipeline
Company. "This expansion, along with our Northeast Upgrade project,
represents approximately $1 billion of projects that will provide
much needed infrastructure related to the development of Marcellus
Shale and Appalachian natural gas supplies."
The 300 Line Project, fully subscribed under a 15-year contract, is
scheduled to be in service in November 2011. It involves the looping
of approximately 127 miles of 30-inch pipeline in Pennsylvania and
New Jersey, and the addition of approximately 55,000 horsepower with
the installation of two new compressor stations and upgrades at seven
existing compressor stations.
El Paso Corp. owns North America's largest interstate natural gas pipeline system and one of
North America's largest independent natural gas producers.
