OPEN Pipeline Plans Now Before Federal Regulators
YOUNGSTOWN, Ohio -- A $468 million pipeline project announced in December 2011 by Spectra Energy Corp. (READ STORY) took a regulatory step forward this week when Spectra’s subsidiary, Texas Eastern Transmission LP, submited its plans for the Ohio Pipeline Energy Network (OPEN) to the Federal Energy Regulatory Commission.
The 76-mile OPEN pipeline would begin at the UEO processing plant in Kensington, Columbiana County, and transmit wet and dry gas to Texas Eastern’s interconnection system in Monroe County. From there the gas would flow to the company’s processing hub in Louisiana.
The company said three producers in the Utica shale play have agreed to use the pipeline. They include Chesapeake Energy Corp., Consol Energy and Rice Energy.
According to the document filed with the FERC, the pipeline would “increase access for the first time to the rapidly growing Utica shale production, as well as increasing access for Gulf Coast and Southeast markets to both the Utica shale and Marcellus shale production.”
Published by The Business Journal, Youngstown, Ohio.
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