Construction Pipeline Company seeks FERC approval for 122-mile pipeline

theflyonthewall.com

Constitution Pipeline Company, a limited liability company owned by subsidiaries of Williams Partners (WPZ), Cabot Oil & Gas (COG), Piedmont Natural Gas (PNY), and WGP Holdings (WGL), announced it has filed an application with the Federal Energy Regulatory Commission seeking approval to construct a 122-mile pipeline connecting domestic natural gas production in northeastern Pennsylvania with northeastern markets by spring 2015. The Constitution Pipeline has been designed to transport up to 650,000 dekatherms of natural gas per day (enough natural gas to serve approximately 3M homes) from Williams Partners' gathering system in Susquehanna County, Pa., to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in Schoharie County, N.Y. The capital cost of the project is estimated to be $683M.

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