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MarkWest Energy Partners, L.P. Message Board

  • moneyonomics moneyonomics Oct 1, 2013 1:08 PM Flag

    NiSource, partner plan pipeline in Utica shale region-more northern sarea

    Another piece of the pipeline puzzle in the Utica shale play is to be put in place with a $60 million project by Pennant Midstream LLC, a joint venture between affiliates of NiSource Inc. (NYSE:NI) and Hilcorp Energy Co.

    Pennant said Monday it will build a 12-inch natural gas liquids pipeline that will connect a cryogenic processing plant in New Middletown in Mahoning County to a facility near Kensington in Columbiana County. It will have an initial capacity to deliver approximately 90,000 barrels a day.

    “The construction of new infrastructure is critical to unlocking the potential of the Utica Shale play in Ohio,” Columbia Pipeline Group and NiSource Midstream Services CEO Jimmy Staton said in a press release. “This partnership will not only provide a key link in that infrastructure, it will provide economic-related benefits for companies and residents of Ohio and the Appalachian basin.”

 
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