Kinder Morgan Opens the Valves on TGP Northeast Upgrade
Good news for those who live in the northeastern U.S.–Kinder Morgan, owner of the Tennessee Gas Pipeline, said on Friday they have thrown the switch (or in this case opened the valves) on their new $500 million Northeast Upgrade Project. The upgrade to TGP’s system in Pennsylvania and New Jersey adds 636,000 dekatherms per day of additional capacity to the system, which means more Marcellus Shale gas is now flowing to markets like New York City and the coast of NJ.
This is very good news indeed. Kinder Morgan’s announcement from Friday: