An economic impact analysis prepared by Rutgers University for TGP specifies that the project is expected to cost approximately $341 million. “While a lion’s share of the investment dollars will be spent on specialized materials and labor that will be brought into the region, about $58.9 million will be spent in Pennsylvania,” it states.
In Pennsylvania, the investment is estimated to generate as much as 1,100 job years (the equivalent of one full-time job lasting a single year), $37.8 million in income for local labor, $51.4 million in gross domestic product, $12.2 million in federal tax revenues, $1.9 million in state tax revenues and $2.1 million in local tax revenues. See the study at www.north eastupgradeproject.com.
• WHO: TGP is a subsidiary of El Paso Corporation, which owns North America’s largest interstate natural gas pipeline system.
• WHAT: NEUP would provide increased capacity from TGP’s 300 Line in PA. Visit www.northeastupgradeproject.com to view a map or access links to FERC documents.
• WHERE: Locally, the expansion would affect Berlin and Palmyra townships in Wayne County and Milford and Westfall townships in Pike County.
• WHEN: The FERC certificate application was filed on March 31. Following FERC issuance of an Environmental Assessment (EA), a Notice of Availability will appear in the Federal Register. There will be a 30-day period to review and comment on the document. FERC will consider the findings of the EA and any comments received when it makes its decision about whether to approve or disapprove the project. If approved, construction is estimated to begin in April or May 2012. The project has a proposed in-service date of November 2013.