Flexibility, Ingenuity And Patience Bring Gas To Gotham

摘要

Spectra Energy's 20-mile expansion of the Texas Eastern and Algonquin Gas Transmission pipelines from Linden, NJ to Manhattan cost $60 million per mile, but the money is just the beginning. Despite being nestled mere miles from the Marcellus shale play and offering one of the largest consumer gas markets in the world, in 2013, New York City was paying a 65% premium on natural gas prices versus Pennsylvania. Then, after five years of planning, nine directional drills, 20 miles of pipe, 37 environmental permits, a hundred-year storm, 350 stakeholder meetings, a 5,000-year-old cache of artifacts and a $1.2 billion investment, Spectra Energy's New Jersey-New York expansion finished on time and on budget.