Spectra's $500M Pipeline Plan Rips Off Shippers, Conoco Says

Law360, New York (October 15, 2012, 3:58 PM EDT) -- ConocoPhillips Co. is opposing Spectra Energy Corp.'s $500 million plan to expand its Texas Eastern gas pipeline in Pennsylvania, telling regulators Friday that Spectra's plan to expand the line's northern leg instead of its southern leg will cost twice as much and squeeze out shippers like Conoco.

Spectra is planning to add 33 miles of new pipeline in Pennsylvania as part of a $500 million project to bring more shale gas from Ohio and West Virginia to northeastern markets. The expansion will deliver an extra 700...
To view the full article, register now.