Energy Transfer Partners ( ETP ) said Monday that it has interstate natural gas project Rover Pipeline, LLC has received approval from the Federal Energy Regulatory Commission to place phase 1B of the project into service, bringing the 713-mile pipeline closer to its 3.25 billion cubic feet per day design total.
ETP rose over 1% in the pre-market session.
With the addition of the phase 1B facilities, the project is now capable of transporting up to 1.7 billion cubic feet per day of natural gas. Rover shippers now have access to six additional receipt points from Seneca thru Clarington areas of the Marcellus and Utica supply basins with an incremental receipt capacity of 2.45 billion cubic feet per day.
Rover has been in partial service from Cadiz, Ohio, to Defiance, Ohio since Aug. 31, capable of transporting 1 billion cubic feet per day of natural gas. When in full service, Rover will transport natural gas from the Marcellus and Utica Shale production areas to markets across the US as well as into the Union Gas Dawn Storage Hub in Ontario, Canada.
The final phase of the pipeline is expected to be in service by the end of Q1 2018.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
