FERC approved TranscontinentalGas Pipe Line Co. LLC's expansion project, which will deliver 180,000Dth/d of gas into New Jersey.
The April 7 FERC order granted authorization for the , whichwill provide firm transportation for NewJersey Resources Corp.'s NewJersey Natural Gas Co. Transco estimated the project will cost approximately$116 million.
The first phase will include construction and operation of anew meter and regulating station on Transco's Trenton Woodbury lateral, modificationsto a compressor unit at a compressor station in Mercer County, N.J.
Transco, a WilliamsPartners LP subsidiary, executed a binding precedent agreement withNew Jersey Natural Gas for 100% of the incremental firm transportation capacityof the Garden State expansion project. FERC considered the project to be a . It would increasecapacity to areas on the New Jersey coast that were hit by Hurricane Sandy.
The agreement between Transco and New Jersey Natural Gas willhave a primary term of 15 years.