Tuesday, October 30, 2007

Rocky Mountain Natural Gas Pipeline

It has been reported by the Dow Jones news line website that the Rockies Express Pipeline, being built between the natural gas-rich Rocky Mountains and markets in the Midwest and Ohio, might be expanded as far east as New Jersey, the project's developers said Monday.

It has been reported by the Dow Jones news line website that Kinder Morgan Energy Partners (KMP), Sempra Energy (SRE) unit Sempra Pipelines & Storage, and ConocoPhillips (COP), which are developing the project as a joint venture, said they were soliciting market interest in a proposal to extend the pipeline 375 additional miles from its original endpoint in Clarington, Ohio, to Princeton, N.J.

It has been reported by the Dow Jones news line website that the companies issued an "open season," or request, for non- binding bids from interested customers for contract terms of 10 years or more to ship natural gas using the proposed extension. Service on the proposed line would start Jan. 1, 2011, under the request.

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