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Appeal Renews NESE Fight, but Winter Basis Keeps Commercial Case Intact
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Natural Gas Inteligence News Feed
Opponents have dubbed the project the “zombie pipeline” because it has repeatedly resurfaced after permit denials in 2018, 2019 and 2020.
Tenn Zone 6 200L North averaged plus $9.870/MMBtu to Henry Hub, while Tenn Zone 6 200L averaged plus $9.711.
Algonquin Citygate averaged plus $9.673, Tenn Zone 6 200L South plus $9.671 and Iroquois Zone 2 plus $9.503.
Transco Zone 6 NY, the market directly served by the proposed expansion, carried a winter basis premium of plus $3.759.
Williams has said NESE is part of a broader strategy to meet growing natural gas demand across its transmission network.