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Two Major Northeast Gas Pipeline Projects Suffer Setbacks

DRACUT, MA—The largest project—the $3.3-billion Northeast Energy Direct natural gas pipeline—was shelved last week by its developer Kinder Morgan, Inc. of Houston and its subsidiary Tennessee Gas Pipeline Co. due to the low energy price environment and lack of demand.

By John Jordan | johnjordan | Updated on April 25, 2016

The proposed route of the Northeast Energy Direct pipeline. Source: Tennessee Pipeline Co. The proposed route of the Northeast Energy Direct pipeline. Source: Kinder Morgan

DRACUT, MA—Two natural gas pipelines worth a combined more than $4 billion that were to either traverse across Pennsylvania, New York and Massachusetts or supply energy to portions of New England, suffered significant setbacks last week.

The largest project—the $3.3-billion Northeast Energy Direct natural gas pipeline—was shelved last week by its developer Kinder Morgan, Inc. of Houston and its subsidiary Tennessee Gas Pipeline Co. due to the low energy price environment and lack of demand.

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