HOUSTON—A consortium of energy firms has announced the signing of a memorandum of understanding (MOU) to develop a pipeline that will send shale gas to Ontario and the U.S. midwest.
Enbridge Inc., DTE Energy and Spectra Energy Corp. plan to jointly develop the NEXUS Gas Transmission (NGT) system, a pipeline that will send Ohio Utica shale gas to markets in Ontario, as well as Ohio and Michigan.
According to the partner firms, the proposed project will originate in northeastern Ohio, with approximately 250-miles of large-diameter pipe capable of moving one-billion cubic feet of natural gas per day.
The pipeline would following existing utility corridors before hooking up with the Vector Pipeline, a joint venture between Calgary-based Enbridge and Detroit’s DTE.
Upon completion of the project, Spectra Energy would hold a 20 per cent stake in the Vector Pipeline, it was announced.
Financial terms of the project and construction dates were not immediately available.