Wednesday, January 25, 2017
TransCanada received approval from the Federal Energy Regulatory Commission for its $1.4 billion Leach XPress pipeline project on Jan. 19, according to The Intelligencer.
The company expects to move 1.5 billion cubic feet of dry methane natural gas by the end of the year from a Majorsville compressor station in Marshall County to a compressor station in Ceredo, West Virginia.
TransCanada believes the project will generate about 5,700 jobs and about $2.3 billion in economic activity.
Over the last couple of years, Marcellus and Utica shale producers have struggled to move their natural gas to larger markets. The Leach XPress and several other pipeline projects before the FERC could address this issue.
Learn more: The Intelligencer > Federal Energy Regulatory Commission Approves Leach XPress Pipeline
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