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off Spectra Approved by FERC to Expand Gas Transmission to NY/NJ Region

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On June 29 Spectra Energy was notified that it had been approved to build a 20-mile expansion of Spectra’s Texas Eastern Transmission and Algonquin Gas Transmission interstate pipeline systems as part of the New Jersey-New York Expansion Project.

The Federal Energy Regulatory Commission (FERC) approved the project, which will deliver an added 800 cubic feet per day of natural gas capacity into the New York-New Jersey area.

"The comprehensive, multi-year review by numerous federal, state and local agencies has culminated with the formal approval by FERC to commence construction of the New Jersey-New York Expansion Project," said Greg Ebel, president and chief executive officer of Spectra Energy Corp. "We will continue to cooperate with the communities and appropriate regulatory agencies as we complete work on a project that will provide critically-needed pipeline infrastructure, as well as significant environmental and economic benefits to the region."

A large number of jobs are expected to be created as the project gets underway. It is estimated that over 5,200 direct and indirect new jobs will be needed to support the project, which is scheduled to begin in the upcoming days, with completion predicted for the end of 2013.
 

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