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Dominion proposes east coast gas pipeline

  • Dominion Resources (D -0.3%) proposes construction of a 450-mile pipeline to bring natural gas from the Appalachian Basin to markets in Virginia and North Carolina that would go into service by the end of 2018.
  • The proposed Dominion Southeast Reliability Project would run from a Dominion Transmission pipeline in Harrison County, W. Va., through Virginia to Lumberton, N.C., although a specific route has not been identified.
  • Such a pipeline could cost as much as $2B to build, based on current construction prices for large U.S. gas pipelines.
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