Spectra Energy Provides Important Update for NE Pipeline Projects

Spectra Energy, a major pipeline company with major operations existing and planned for the northeast, issued its second quarter 2015 update yesterday. For this review we’re leaving behind the financial talk. The thing that caught our eye is an update on Spectra’s pipeline projects in the Marcellus/Utica. In the update they tell us about the Uniontown to Gas City project, the OPEN project, the AIM project in New England, the NEXUS project, the Lebanon Extension project, the $3 billion Access Northeast project and several others. Across all of their pipeline projects, both in the northeast and elsewhere, Spectra Energy has an astounding $20 billion worth of projects currently in the works. By the end of this decade (by 2020) they will have spent an eye-popping $35 billion on new pipeline projects. Let’s get right into the good stuff–updates on important northeast pipeline projects in the Spectra portfolio…

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