TransCanada Corporation has announced the Federal Energy Regulatory Commission (FERC) has approved the full in-service of its Mountaineer XPress (MXP) project, allowing the company to increase the flow of gas on MXP and begin operating its Gulf XPress (GXP) project. The projects are a vital link between Appalachian natural gas supplies and growing markets in the US and beyond.
“Mountaineer XPress and Gulf XPress are extremely important to TransCanada as they provide much-needed takeaway capacity for our customers, while also growing our extensive footprint in the Appalachian Basin,” said TransCanada President and Chief Executive Officer Russ Girling. “Both projects will also deliver attractive long-term returns and stable cash flow for our shareholders.”
Designed to deliver clean, affordable, domestically produced natural gas, MXP is comprised of 170 miles of 36 in. diameter pipeline, three new compressor stations, and modifications to three existing compressor stations – representing an investment of approximately US$3.2 billion. The pipeline is capable of transporting 2.7 billion ft3/d of natural gas to the TCO Pool and Leach markets on the Columbia Gas Transmission System. MXP is underpinned by long-term contracts with customers.
Partial in-service of the approximately US$600 million GXP project includes placing into service four new compressor stations located in Kentucky, Tennessee and Mississippi. Together, these facilities will provide additional capacity of 530 000 million ft3/d of natural gas on the Columbia Gulf Transmission System, which equates to approximately 60% of the project’s total capacity. GXP is also underpinned by long-term contracts with customers and is expected to be placed into full service in the coming weeks.
Since 2015, representatives of MXP and GXP have worked closely with federal regulators, landowners and numerous state and local officials to ensure they were a part of the process from construction to completion. The projects created significant job opportunities and will generate millions of dollars in taxes and other economic benefits for the counties they cross into the future.
Read the article online at: https://www.worldpipelines.com/project-news/01032019/transcanadas-mountaineer-xpress-project-placed-into-service/
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