PHILADELPHIA — A proposed $1 billion gas pipeline would connect production facilities in northeastern Pennsylvania’s Marcellus Shale with markets south toward Philadelphia, Baltimore and Washington.
UGI Corp., Inergy Midstream L.P. and Capitol Energy Ventures proposed the 200-mile pipeline on Thursday. The companies set a completion goal of 2015 and still need regulatory approval.
While the exact route of the proposed 30-inch Commonwealth Pipeline hasn’t been determined, the companies say it would move at least 800,000 cubic feet of natural gas per day from the MARC I pipeline in Lycoming County south through eastern and central Pennsylvania.
Kansas City, Mo.-based Inergy would build the pipeline and a share an equal stake with Valley Forge-based UGI and Capitol Energy Ventures, a subsidiary of Washington, D.C.-based WGL Holdings.