Enbridge Reaches FID on Algonquin Pipe Expansion in New England
Coming out of left field, Enbridge (based in Canada, owner of significant Marcellus/Utica pipeline assets) announced yesterday that it had reached a final investment decision (FID) on two new pipeline projects, one of which will flow an additional 75 million cubic feet per day (MMcf/d) of Marcellus/Utica molecules through the Algonquin Gas Transmission pipeline throughout New England and the northeast. The project is called the Algonquin Reliable Affordable Resilient Enhancement (AGT Enhancement) project and is estimated to cost $300 million for "system upgrades within, or adjacent to, existing rights-of-way."To view this content, log into your member account. (Not a member? Join Today!)
