FERC approves Columbia infrastructure investments
NiSource's Columbia Gas Transmission (Columbia) has received approval from the Federal Energy Regulatory Commission (FERC) for a customer settlement that facilitates Columbia's comprehensive pipeline infrastructure investment plan.
The settlement identifies individual infrastructure projects across Columbia's footprint, including Kentucky, Maryland, Ohio, Pennsylvania, Virginia and West Virginia, and establishes a mechanism for recovery of Columbia's revenue requirement for infrastructure investment under the plan.
Under the settlement, Columbia will invest approximately $300 million per year, in addition to a $100 million investment in ongoing maintenance, from 2013 to 2017 on system improvements. This includes replacing approximately 1,000 miles of existing interstate transmission pipelines; upgrading more than 50 natural gas compression systems; increasing pipeline system reliability by uprating pressures and looping systems; and expanding in-line inspection capabilities to perform maintenance and inspections without interrupting services.
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