Dominion has just purchased themselves a bigger seat at the Marcellus/Utica midstream (pipeline) table with the purchase of 26% of the Iroquois Gas Transmission System. The Iroquois, you may recall, is one of two pipelines that will connect to the Constitution Pipeline to be built by Williams starting later this year. The Constitution will flow 650 million cubic feet (MMcf) per day of Marcellus Shale gas mostly from Cabot Oil & Gas wells in Susquehanna County, PA. The 125-mile Constitution will run from PA into New York and connect with the Iroquois (and the Tennessee Gas Pipeline) in Schoharie County, NY. The Iroquois is a 416-mile interstate natural gas pipeline running from the U.S.-Canadian border at Waddington, NY, through NY and western Connecticut to its terminus in Commack, NY, and from Huntington to the Bronx, NY. The Iroquois supplies clean-burning natural gas to local distribution companies (LDCs) an electric power generators in New England and the greater New York City area. Increasingly the Iroquois is flowing Marcellus Shale gas. It is that pipeline that Dominion has just purchased a major piece of…
