PennEast Pipeline Co. LLC plans to build a 100-mile pipeline to bring natural gas produced in the Marcellus Shale to consumers in Pennsylvania and New Jersey, the company said in a statement. PennEast is a joint project of AGL Resources, NJR Pipeline Co., a subsidiary of New Jersey Resources, South Jersey Industries and UGI Energy Services (UGIES), a subsidiary of UGI Corp.
The PennEast Pipeline is designed to transport up to 1 billion cubic feet per day of natural gas. It will begin in Luzern County, Pa., and end at Transco’s Trenton-Woodbury interconnection in New Jersey. The investment in the pipeline amounts to about $1 billion, with costs split among the four entities. UGIES is the project manager for the pipeline’s development and will operate the pipeline.
PennEast plans to begin preliminary engineering studies in the coming months, and to formally apply for Federal Energy Regulatory Commission approval. If all local, state and federal approvals are timely, construction on the project could begin in 2017.
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