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Home > "Kinder Morgan Shelves $3 Billion Pipeline Project"

"Kinder Morgan Shelves $3 Billion Pipeline Project" [1]

"The energy giant Kinder Morgan Inc. has pulled the plug on its controversial natural gas pipeline proposed through parts of Massachusetts and Southern New Hampshire, after failing to sign up enough utility customers and facing stiff consumer and political opposition.

Kinder Morgan said on Wednesday that its Northeast Energy Direct project didn’t receive the commitments from big customers that it needed to proceed with the $3.3 billion plan, which would involve building a 188-mile pipeline from a point west of Albany, N.Y., to Dracut.

The company’s withdrawal represents a huge victory for its array of opponents, ranging from grass-roots organizations to established environmental groups to powerful politicians. They also included residents of the many towns that would be affected by pipeline construction and activists who worried it could make New England overly dependent on natural gas."

Jon Chesto reports for the Boston Globe April 20, 2016. [2]

SEE ALSO:

"Leucadia's Oregon LNG Proposal Withdrawn" (Maritime Executive) [3]

Economy & Business [4]
Energy & Fuel [5]
National (U.S.) [6]
Public [7]
Source: Boston Globe [2], 04/22/2016
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Source URL:https://www.sej.org/headlines/kinder-morgan-shelves-3-billion-pipeline-project

Links
[1] https://www.sej.org/headlines/kinder-morgan-shelves-3-billion-pipeline-project [2] http://www.bostonglobe.com/business/2016/04/20/kinder-morgan-shelves-billion-new-england-pipeline-project/iEafnAP2P41o0B9tmM0lEI/story.html?event=event25 [3] http://www.maritime-executive.com/article/leucadias-oregon-lng-proposal-withdrawn?platform=hootsuite [4] https://www.sej.org/category/topics-beat/business [5] https://www.sej.org/category/topics-beat/energy [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81