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FERC approves major TransCanada gas pipeline expansions

Jan. 02, 2018 7:15 PM ETTC Energy Corporation (TRP) Stock, TRP:CA StockTRPBy: Carl Surran, SA News Editor6 Comments
  • TransCanada (NYSE:TRP) wins certificate approval from the FERC for the 170-mile Mountaineer XPress project in West Virginia, the second largest natural gas expansion project in the U.S. northeast.
  • Like the Rover Pipeline, the 2.7B cf/day Mountaineer XPress is producer-backed and expected to increase production in the Marcellus shale and raise deliveries from the northeast to neighboring regions including the U.S. Gulf area.
  • The FERC also granted certificate approval to TRP's 860M cf/day Gulf XPress project, adding seven new compressor stations in Kentucky, Tennessee and Mississippi.

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