At the end of January one of the FERC's five commissioners, Norman Bay, announced his resignation. With two seats already vacant, Bay’s departure means that FERC will no longer has a quorum to vote on orders to approve or deny a certificate for gas pipeline siting. However, the industry’s worst fears were avoided when, prior to losing this quorum, the FERC has approved four new Northeast pipeline projects: Tennessee's Orion Expansion, EnergyTransfer's Rover, National Fuel’s Northern Access 2016 and Transco's Atlantic Sunrise.
Combined capacity of these four projects account for more than 70% of the new Northeast exit capacity we expect online in 2018. With this insight we further highlight:
key milestones and risks associated with each of the projects we forecast to start in 2018;
2018 Northeast supply growth;
Northeast basis recovery.
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Insight | Feb 2017
Just in time: A surge in FERC certificates supports strong 2018 Northeast supply growth
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