Kinder Morgan is suspending work on its Northeast Energy Direct natural gas pipeline because of 'insufficient contractual commitments from customers in the New England market'

摘要

The company made the announcement during its first quarter earnings reports, adding, 'There are currently neither sufficient volumes, nor a reasonable expectation of securing them, to proceed with the project as it is currently configured.' The $3.3 billion project would have carried up to 1.2 billion cubic feet per day of Marcellus supply into New England. The pipeline had two segments, a Supply Path from Pennsylvania to Wright, New York, and a Market Path from Wright to Dracut, Massachusetts.