RICHMOND, Va., June 3, 2014 /PRNewswire/ — Dominion (NYSE: D) yesterday asked the Federal Energy Regulatory Commission (FERC) to approve two projects that would provide additional natural gas supplies from the ever-growing production in the Appalachian Region.
The New Market project in upstate New York improves access for National Grid to meet its customers’ growing demand for natural gas, while the Clarington project in West Virginia provides a secure and reliable route to transport growing gas supplies out of the Appalachian basin to market.
Dominion filed applications for Certificates of Public Convenience and Necessity with the FERC, the federal agency responsible for reviewing and authorizing interstate natural gas transmission projects. The approximate costs of these two projects are $235 million.
“We are pleased that we can support our customers’ growing needs. Natural gas produced from the Marcellus and Utica shales in the Appalachian region of West Virginia and Ohio is expected to continue its strong and rapid growth,” said Diane Leopold, president of Dominion Energy. “Our interstate pipeline system is uniquely positioned to transport Appalachian production as our pipelines traverse the area of significant supply growth. Additional firm transportation capacity for new natural gas supplies for both projects also will alleviate the possibility of shortages by providing more gas to market.”