$700M pipeline proposed to transport Bakken natural gas
June 6, 2013 | By
Barbara Vergetis Lundin
A natural gas pipeline stretching from far western North Dakota to western Minnesota has been proposed to increase pipeline takeaway capacity out of the Bakken rock formation and accommodate the region's rapidly growing natural gas production. The proposed route for the pipeline would stretch from approximately 20 miles southwest of Williston, N.D., to an interconnection with Viking Gas Transmission northeast of Moorhead, Minn. The majority of the proposed 400-mile system would be comprised of 24-inch diameter pipeline and the project would include two new compressor stations. Through interconnecting pipelines, the proposed pipeline could also serve Minnesota, Wisconsin and Midwest markets. The pipeline has been initially designed to transport approximately 400 million cubic feet per day of natural gas and, depending on user commitments, could be expanded to more than 500 million cubic feet per day. The project investment is estimated to be between $650 million and $700 million and is expected to be complete by late 2016. For more: Sign up for our FREE newsletter for more news like this sent to your inbox! © 2013 FierceMarkets. All rights reserved. http://www.fierceenergy.com http://www.fierceenergy.com/story/700m-pipeline-proposed-transport-bakken-natural-gas/2013-06-06 |