Friday , March 23 2018

New York loses bid to block millennium gas line project


A US appeals court ruled against New York’s bid to block a pipeline that will shuttle natural gas to a $900 million power plant under construction there, setting a potential precedent for other battles over gas conduits.
The court sided with federal energy regulators’ ruling that New York waived its right to act on the pipeline by failing make a decision on a key water permit within a year.
It’s a decision that removes the last obstacle to Millennium Pipeline Co.’s Valley Lateral project, which has been in the works for about three years.
The ruling comes as developers clash with state governments and environmental groups over a profusion of pipeline conduits across the nation, many designed to carry gas from prolific shale wells to major markets.

About Admin

Check Also

Trading error erases $3 billion from Taiwan oil heavyweight

Bloomberg An avalanche of apparently mistaken orders at the close knocked Taiwan’s third-biggest stock down ...

Leave a Reply

Your email address will not be published. Required fields are marked *