Spectra Energy announced the successful completion of its New Jersey – New York Expansion Project. The new pipeline, an extension of Spectra Energy’s Texas Eastern and Algonquin Gas systems, is designed to bring customers in the region 800 million cubic feet per day (mmcf/d) of natural gas supplies, as well as economic and environmental benefits.
“Successfully completing this pipeline is a testament to our ability to secure, permit and execute on large and complex growth projects,” said Greg Ebel, president and chief executive officer, Spectra Energy. “We’ve built the first natural gas pipeline into Manhattan in more than 40 years, one that will supply the region with safe, affordable, clean, domestic natural gas. Completing this pipeline is a great accomplishment, and one in which our team can take great pride.”
“The natural gas in this pipeline will warm homes, cook food and keep businesses running in New Jersey and New York for years to come. Customers in the region could save $700 million in energy costs each year while also replacing fuel oil with domestic and cleaner-burning natural gas,” said Bill Yardley, president, U.S. Transmission and Storage, Spectra Energy. “We’ve invested the past five years speaking with stakeholders and officials, planning and re-planning, designing and constructing this pipeline, all to ensure it was completed safely, efficiently and to the highest standards.”
LNG World News Staff, November 01, 2013; Image: Spectra