Spectra Energy Corp. placed into service, on time and under budget, two major expansion projects. This brings to six the total number of expansion projects brought into service this year, as part of the company’s $1 billion to $1.5 billion per year ongoing capital expansion plan.
Placed into service on September 1, the Temax/TIME III Project increases the capacity on the company’s Texas Eastern Transmission system to deliver up to 455 MMcf/d of Rocky Mountain natural gas supplies for shippers ConocoPhillips, CenterPoint Energy Services and PPL EnergyPlus to markets in the northeast United States.
The Northeastern Tennessee (NET) Project, owned by Spectra Energy Corp’s master limited partnership, Spectra Energy Partners, also went into service on September 1. The NET Project, an expansion of the East Tennessee Natural Gas (ETNG) system, provides firm transportation services of up to 150 MMcf/d to the Tennessee Valley Authority’s new 880-megawatt combined cycle, natural gas-fired power plant in northeast Tennessee.
“Spectra Energy is closely focused on developing pipeline and storage expansion projects that are sized and timed to respond to both producer needs to move new volumes as well as market needs to gain access to new supplies,” said Greg Ebel, president and chief executive officer, Spectra Energy Corp. “
Other major projects recently placed into service include the: Bissette Pipeline; Gulfstream Phase V; Moss Bluff Cavern 4; and the Hot Spring Lateral expansion.