New Jersey downs another gas pipeline project as PennEast ends development

摘要

New Jersey has downed another natural gas pipeline project after the PennEast Pipeline Company announced on Monday that it was abandoning the development of a proposed 1.1 Bcf/d capacity pipeline due to regulatory hurdles in the east coast state. The move comes despite a major court win for PennEast in June, when the US Supreme Court ruled that the pipeline developer could use eminent domain to seize land from the State of New Jersey.