On April 20th Kinder Morgan released a statement announcing that, “ Kinder Morgan Inc. and its subsidiary, Tennessee Gas Pipeline Company (TGP) have suspended further work and expenditures on the Northeast Energy Direct (NED) project. “ In part, the statement reads that, “this decision was “as a result of inadequate capacity commitments from prospective customers.” The statement included several other factors that led to the suspension of the project.
Article in the 04-28 edition