TC Energy secures FERC nod for pipeline expansion project in Virginia
(UI) — TC Energy has received the green light from the U.S. Federal Energy Regulatory Commission (FERC) for its Virginia Reliability Project, Reuters reported on Nov. 20.
According to a statement released on Nov. 17, the company is now focused on expeditiously deploying the project, which is anticipated to inject over $500 million into the economy and generate more than 3,500 jobs within the state, as outlined in the company's official communication.
Columbia Gas Transmission's Virginia Reliability Project (VRP) represents a strategic expansion project designed to replace two segments of the existing pipeline system, ensuring a continual and abundant supply of natural gas.
TC Energy, the project's proprietor, manages the Columbia Gas Transmission system, linking New York to the Midwest and Southeast and serving as a critical conduit between major natural gas basins and key markets.
The Virginia Reliability Project involves the replacement of approximately 48 miles of a 1950s-era 12-inch diameter pipeline with a modern 24-inch diameter pipeline, incorporating state-of-the-art steel pipe and cutting-edge technology, according to details available on the company's website.
Construction is slated to commence in the second quarter of 2024, with a projected in-service date of November 1, 2025, as per the information provided on the company's official site.
Upon completion, this initiative is poised to enhance energy reliability and affordability in the Hampton Roads region, presenting a substantial stride in fortifying the local energy infrastructure.
This story was originally published by Reuters.
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