The U.S. Federal Energy Regulatory Commission (FERC) has approved TC Energy’s Virginia Reliability Project, the company said in a statement on Friday, Nov. 17, 2023, adding that it will work toward commissioning as soon as possible.
It is estimated to add more than US$500 million in economic value while creating more than 3,500 jobs in the country, TC Energy said in a statement.
Columbia Gas Transmission’s Virginia Reliability Project (VRP) is an expansion project that would replace two existing segments of the pipeline system to continue a reliable and abundant supply of natural gas.
The Columbia Gas Transmission System, owned by TC Energy, stretches from New York to the Midwest and Southeast and serves as a link between major natural gas basins and major markets.
The Virginia Reliability Project involves replacing about 48 miles of 1950-era 12-inch-diameter pipeline with a 24-inch-diameter pipeline with state-of-the-art steel pipe and technology, according to the company’s website.
Construction is expected to begin by 2Q24 with an anticipated operational date of Nov. 1, 2025, according to the company’s website.
Once this project is complete, energy will become more reliable and affordable in the Hampton Roads region, he added.
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