El Paso Corporation (EP)

[NovoMira]

FERC sets deadline for El Paso project

Houston Business Journal
Tuesday, April 1, 2008

The Federal Energy Regulatory Commission is preparing its environmental review for a proposed pipeline project operated by El Paso Corp. carrying Rocky Mountain gas from Wyoming to Oregon.

The proposed Ruby Pipeline project would consist of 680 miles of 42-inch pipeline and two compressor stations, capable of transporting 1.2 billion cubic feet per day of natural gas.

The pipeline would begin in southern Wyoming and cross northern Utah and Nevada and terminate in Malin, Ore., just north of the California border.

According to a report from research firm SNL Financial, FERC staff said in its March 28 filing that Houston-based El Paso (NYSE: EP) expects to file its formal FERC application in early 2009 and, if approved, would begin construction by the second quarter of 2010 to put the project into service by 2011.

FERC has set an April 30 deadline for public comment before the environmental impact statement is filed.