CPG to invest $2.7B in Mountaineer and Gulf XPress projects

Columbia Pipeline Group Inc. (CPG) (NYSE: CPGX WI), a subsidiary of NiSource Inc. (NYSE: NI), will invest $2.7 billion in new infrastructure projects to support the continued development of gas supplies in the Marcellus and Utica shale regions. 

The Mountaineer XPress (MXP) and Gulf XPress (GXP) projects will provide 2.7 billion cubic feet per day (bcf/d) of firm transportation from Marcellus and Utica production areas to markets served by the Columbia Gas Transmission and Columbia Gulf Transmission systems. These projects are supported by long-term firm transportation contracts with Marcellus and Utica producers and shippers.

MXP, which will include a new 165-mile pipeline, as well as the expansion of Columbia Transmission's existing WB Line, will create 2.7 bcf/d of firm transportation capacity from existing and new points of receipt along or near Columbia Transmission's system. 

GXP will include the installation of compression to existing and new stations along Columbia Gulf's system, as well as provide limited pipeline looping, system modifications, and related facilities. GXP will provide approximately 860,000 dth/d of firm transportation capacity from Leach, Kentucky, to the Columbia Gulf Mainline Pool and other delivery points as far south as Rayne, Louisiana.

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