NEW MIDDLETOWN - Pennant Midstream, LLC, announced the construction of a 12-inch, 38-mile natural gas liquids pipeline, an approximately $60 million investment, according to a news release issued moments ago.
The line will connect the Hickory Bend Cryogenic Processing Plant in New Middletown in southern Mahoning County to the UEO Kensington facility near Kensington in Columbiana County and will have the capacity to initially deliver approximately 90,000 barrels a day.
NiSource Midstream Services, LLC, operates Pennant Midstream, which is jointly owned by Harvest Pipeline (an affiliate of Hilcorp Energy Company) and NiSource Midstream Services.
"The construction of new infrastructure is critical to unlocking the potential of the Utica Shale play in Ohio," said Jimmy D. Staton, Columbia Pipeline Group and NiSource Midstream Services CEO. "This partnership will not only provide a key link in that infrastructure, it will provide economic-related benefits for companies and residents of Ohio and the Appalachian Basin."
The pipeline is under construction and is expected to be completed by July 2014.