Spectra Energy Corp. (NYSE:SE) has won approval from the US Federal Energy Regulatory Commission (FERC) for its proposed New Jersey-New York pipeline project. This will be the first-ever major natural gas pipeline linking the two cities.
This approval will expand Spectra’s existing Texas Eastern Transmission and Algonquin Gas Transmission pipeline systems and will connect New York with the neighboring New Jersey. This 20-mile (32-km) line will emanate from prolific shale deposits in Pennsylvania … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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