Monday, April 4, 2016

FERC To Complete PennEast Pipeline Environmental Review By Dec. 16

On March 29 the Federal Energy Regulatory Commission published a Notice of Schedule for Environmental Review establishing a December 16 completion date for FERC’s environmental review of the PennEast Pipeline Project.
FERC’s statement of intent to proceed with its environmental review in cooperation with other federal agencies is a significant milestone for the Project and represents an important step toward obtaining the necessary approvals to begin construction.
“The announcement of FERC’s NOS is another step forward for PennEast as we continue through the process,” said Peter Terranova, chair of the PennEast board of managers. “We recognize the unprecedented number of pipeline applications currently under consideration by FERC and are pleased to have received FERC’s notice to proceed with the environmental review of our project in a timely manner. We remain committed to the completion of this vital project and bringing the benefits of lower energy costs, cleaner energy and thousands of construction and ancillary jobs to Pennsylvania, New Jersey and New York.”
With agreements in place to secure major equipment required to build and operate the Pipeline, PennEast is working to finalize other construction-related agreements that will be required to construct the Project upon receipt of all necessary authorizations.
PennEast also is in the process of reviewing FERC’s NOS in order to update its timeframe for construction. Based on a preliminary review, PennEast anticipates an in-service date in the second half of 2018 rather than late 2017.
PennEast submitted its pre-filing application with FERC on Oct. 7, 2014, and its formal application for permission to build, own and operate the PennEast Pipeline on Sept. 24, 2015.
To date, PennEast has conducted extensive public outreach, performed field surveys on more than 60 percent of the route, responded to two comprehensive data requests from FERC seeking additional detailed information regarding the Project, and provided responses to approximately 2,000 comments.
The proposed 118-mile Project represents a $1 billion investment and will deliver approximately 1 billion cubic feet of gas per day to customers in Pennsylvania, New Jersey and New York.
It will originate in Luzerne County in northeastern Pennsylvania and terminate at the Transco interconnection in Mercer County, New Jersey.
For more information, visit the PennEast Pipeline Project website, send email to: toanswers@penneastpipeline.com or call 844-347-7119.

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