On June 29, Spectra Energy Corp received approval from the Federal Energy Regulatory Commission (FERC) to proceed with construction on the New Jersey-New York Expansion Project, a 20-mile expansion of the Company's Texas Eastern Transmission and Algonquin Gas Transmission interstate pipeline systems. Once completed, the New Jersey-New York Expansion Project will provide an additional 800 million cubic feet per day of natural gas capacity into the New Jersey/New York region.
     FERC issued the Notice to Proceed after a diligent review of the NJ-NY Expansion Project's Implementation Plan, which is a thorough execution plan that details how the construction work will safely proceed and satisfy all pre-construction conditions. Throughout construction, federal and state agencies, independent inspectors, and Company personnel will maintain a rigorous inspection schedule in order to build one of the safest natural gas pipelines in North America. The planning and construction phases of the project will create more than 5,200 direct and indirect jobs in and around local host communities. Construction will begin in the coming weeks and be completed during the fourth quarter of 2013.