Cabot, Williams announce new Marcellus pipeline
Published On: Feb 22 2012 09:31:58 AM EST
A natural gas driller and a pipeline company are proposing to build a new pipeline to carry natural gas from Pennsylvania's Marcellus Shale region to the New York and New England markets.
Houston-based Cabot Oil & Gas Corporation and Tulsa, Okla.-based Williams Partners LP have announced plans for the high-pressure, large-diameter pipeline.
The 120-mile Constitution Pipeline would transport gas from the heart of Cabot's Marcellus Shale acreage in Susquehanna County to the Iroquois and Tennessee pipelines in southern New York state. Williams would be a 75 percent owner and operate the pipeline, while Cabot would retain a 25 percent stake.
The pipeline requires federal regulatory approval.
The companies set a tentative date of March of 2015 for the pipeline to go into service.
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Copyright 2012 WFMZ. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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