FERC Approves Cypress Pipeline Project

FERC has approved Southern Natural Gas’ plan to build a 176-mile pipeline that would transport natural gas from theElba Island LNG terminal to Southeastern markets. TheCypress Pipeline, expected to come online by mid-2007, is part of a $1.1 billion initiative to bring additional gas supply to the Southeast, according to Jim Yardley, president of El Paso’s Southern Pipeline Group. The press release is here.

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