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TransCanada's Mountaineer XPress gas project cleared for partial service

Jan. 16, 2019 6:43 PM ETTC Energy Corporation (TRP) Stock, TRP:CA StockTRP, ARBy: Carl Surran, SA News Editor3 Comments
  • TransCanada's (NYSE:TRP) Columbia Gas Transmission is approved by the Federal Energy Regulatory Commission to place into service 119 miles of the Mountaineer Xpress natural gas pipeline project in West Virginia.
  • The signoff appears to allow transmission service on ~700M cf/day of firm capacity to serve anchor shipper Antero Resources (NYSE:AR), S&P Global Platts reports.
  • Mountaineer XPress is designed to transport growing production from the Marcellus and Utica shales to downstream markets; it originally was scheduled to begin full flows of 2.7B cf/day in late 2018 but has been pushed back amid regulatory delays.

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