Today, September 24, 2015, PennEast Pipeline Co, LLC, located in Wyomissing, PA, said it is submitting its application to the Federal Energy Regulatory Commission (FERC) for a permit to proceed with construction of the proposed about $1 billion PennEast Pipeline that will offer natural gas to consumers in Pennsylvania and New Jersey.
PennEast is requesting that FERC issue a Certificate of Public Convenience and Necessity, which would authorize PennEast to construct, install, own, operate and maintain the 118-mile, 36-inch diameter PennEast Pipeline.
Upon completion, the underground natural gas pipeline would deliver about 1 billion cubic feet of natural gas per day and address the current pipeline constraints that result in higher costs, increased price volatility and reduced reliable energy supplies for consumers.
Pending regulatory approval and issuance of a FERC certificate, PennEast anticipates beginning construction in 2017.
It is not yet clear if PennEast intends to seek to utilize condemnation to secure property rights.
The PennEast Pipeline partners are AGL Resources; NJR Pipeline Co; PSEG Power LLC; SJI Midstream; Spectra Energy Partners and UGI Energy Services form the PennEast Pipeline Co. UGI Energy Services serves as the project manager and would be the operator of the proposed PennEast Pipeline.
If you or your business have questions regarding energy law or real estate law, contact attorney Jeffrey A. Franklin at Prince Law Offices, P.C.
The current proposed route is below:
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