HOUSTON, Oct. 2, 2015 /PRNewswire/ — Columbia Pipeline Group, Inc. and Columbia Pipeline Partners LP (together, “Columbia“) today announced that their subsidiary, Columbia Gas Transmission, LLC, has placed the East Side Expansion Project (“ESE”) in service.
“East Side is an important piece of our project backlog which is designed to meet the needs of both producers and end-use markets over the next several years,” said CPG President Glen Kettering. “Placing it in service today is a testament to our team’s focus on executing CPG’s exciting growth plan on time and on budget.”
The ESE Project creates additional capacity of 312 million cubic feet per day on the Columbia system. It involves the installation of two natural gas pipelines, with approximately nine miles of pipeline in Chester County, Pennsylvania, and nine miles of pipeline in Gloucester County, New Jersey. The project also includes modifications and upgrades to certain compressor station facilities, including the installation of two new 4,700 horsepower compressor units at Columbia’s Milford Compressor Station in Pike County, Pennsylvania, and two new 10,000 horsepower units at the company’s Easton Compressor Station in Northampton County, Pennsylvania.
Columbia worked extensively with residents of Pennsylvania and New Jersey — as well as federal, state and local agencies — to outline the pipeline project and share information about safety procedures and construction techniques for ESE. The project received its Certificate of Public Convenience and Necessity from the Federal Energy Regulatory Commission on December 18, 2014, and construction began in the spring of 2015.
Forward Looking Statements
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission (“SEC”). These statements include statements regarding the intent, belief or current expectations of Columbia and its management. Although Columbia believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Columbia’s (or its affiliates’) reports filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Columbia expressly disclaims any duty to update any of the forward-looking statements contained in this release.
About Columbia Pipeline Group, Inc.
Columbia Pipeline Group, Inc. operates approximately 15,000 miles of strategically located interstate pipeline, gathering and processing assets extending from New York to the Gulf of Mexico, including an extensive footprint in the Marcellus and Utica Shale production areas. Columbia Pipeline Group also operates one of the nation’s largest underground natural gas storage systems. Columbia Pipeline Group is listed on the NYSE under the ticker symbol CPGX. Additional information can be found at www.cpg.com.
About Columbia Pipeline Partners LP
Columbia Pipeline Partners LP, based in Houston, Texas, is a fee-based, growth-oriented master limited partnership formed to own, operate and develop a growing portfolio of natural gas pipelines, storage and related midstream assets.
Columbia Pipeline Partners’ business and operations are conducted through CPG OpCo LP and its subsidiaries, which own and operate substantially all of the natural gas transmission, storage and midstream assets of Columbia Pipeline Group, Inc. Columbia Pipeline Group operates approximately 15,000 miles of strategically located interstate pipelines extending from New York to the Gulf of Mexico, one of the nation’s largest underground natural gas storage systems, and a growing portfolio of related gathering and processing assets. The majority of its assets overlay the Marcellus and Utica Shale production areas. Additional information can be found at www.columbiapipelinepartners.com or www.cpg.com.
SOURCE Columbia Pipeline Group, Inc.