Dominion seeks U.S. approval for $235M of natural gas projects

Dominion Resources (D +0.1%) says it is seeking FERC approval of two projects estimated to cost ~$235M to move natural gas from the Appalachian region to markets in upstate New York and West Virginia.

The project planned for upstate New York, which includes two new compressor stations and upgrades at a number of other stations, would provide improved access to natural gas for National Grid (NGG) units Niagara Mohawk and Brooklyn Union.

The second proposed project includes a number of station upgrades as well as a new interconnection with CNX Gas.

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