NiSource Spending $1.8B over 5 Years on Pipeline Upgrades

NiSource Inc., parent company and operator of the Columbia Gas Transmission pipeline which runs throughout the northeast including Ohio, Pennsylvania, West Virginia, New York and New Jersey, released their 2012 financial and operating statement yesterday. The update and investor phone call (see presentations below) also provides updates on future plans. Among the interesting highlights: NiSource will spend $1.8 billion on pipeline improvements through 2017.

NiSource is not only pipelining natural gas in the Utica and Marcellus, they’re drilling wells too…

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