U.S. markets closed
  • S&P 500

    4,455.48
    +6.50 (+0.15%)
     
  • Dow 30

    34,798.00
    +33.18 (+0.10%)
     
  • Nasdaq

    15,047.70
    -4.54 (-0.03%)
     
  • Russell 2000

    2,248.07
    -10.97 (-0.49%)
     
  • Crude Oil

    73.95
    +0.65 (+0.89%)
     
  • Gold

    1,750.60
    +0.80 (+0.05%)
     
  • Silver

    22.42
    -0.26 (-1.16%)
     
  • EUR/USD

    1.1718
    -0.0029 (-0.25%)
     
  • 10-Yr Bond

    1.4600
    +0.0500 (+3.55%)
     
  • GBP/USD

    1.3681
    -0.0040 (-0.29%)
     
  • USD/JPY

    110.6850
    +0.3840 (+0.35%)
     
  • BTC-USD

    42,617.96
    +404.72 (+0.96%)
     
  • CMC Crypto 200

    1,067.20
    -35.86 (-3.25%)
     
  • FTSE 100

    7,051.48
    -26.87 (-0.38%)
     
  • Nikkei 225

    30,248.81
    +609.41 (+2.06%)
     

Pennsylvania fines Energy Transfer $1 mln for 2018 natgas pipe blast

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

July 16 (Reuters) - The Pennsylvania Public Utility Commission (PUC) approved a $1 million settlement with a unit of Energy Transfer LP for a pipeline explosion and fire at its Revolution natural gas pipeline in Western Pennsylvania in 2018.

Dallas-based Energy Transfer has had a difficult few years with its pipelines in Pennsylvania. The state has stopped work several times and fined the company millions of dollars for spills and other problems related to construction work on an expansion of its Mariner East pipe, which moves natural gas liquids from Western Pennsylvania to Eastern Pennsylvania.

The latest fine came after a portion of the 24-inch (61-centimeter) Revolution pipe failed after heavy rains caused a landslide in Center Township in Beaver County on Sept. 10, 2018.

The fire destroyed a nearby home, damaged electric transmission lines and burned several acres of surrounding woodland, the PUC said in a release on Thursday.

The 40.5-mile (65-kilometer) pipeline was just being brought into service at the time of the incident, according to local media.

Officials at Energy Transfer were not immediately available for comment.

In addition to the fine, the settlement also includes requirements that Energy Transfer conduct additional inspections and safety procedures before starting the pipe.

The PUC said interested parties can file comments on the proposed settlement within 20 days.

(Reporting by Scott DiSavino Editing by Marguerita Choy)