TGP Announces FID on New 206-Mile Mississippi Crossing Pipe Project
We have news of a brand new greenfield pipeline project (a rarity these days) that has the potential to flow Marcellus/Utica molecules to the Southeastern U.S. Yesterday, Kinder Morgan's mighty Tennessee Gas Pipeline (TGP) subsidiary announced a final investment decision (FID) to build the Mississippi Crossing Project (MSX Project) after securing long-term, binding transportation agreements with customers for all the capacity. The $1.4 billion project involves the construction of nearly 206 miles of 42-inch and 36-inch pipeline and two new compressor stations aimed at flowing 1.5 Bcf/d of natural gas. MSX will compete with another recently announced project, the Kosciusko Junction Pipeline Project from Boardwalk (see Boardwalk FID on Pipe to Carry M-U, Haynesville Gas to Southeast).
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