Government OKs New Mexico natural gas pipeline
LBUQUERQUE, N.M. — The federal government has given the green light to a proposal to build 234 miles of pipeline to transport natural gas liquids from one corner of New Mexico to the other and ultimately to markets in South Texas.
The Bureau of Land Management’s approval of the Western Expansion Pipeline III project comes just a week after President Barack Obama unveiled his plan for combating climate change, part of which included boosting the role of natural gas in energy production.
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“These projects aren’t just built for the conditions at the moment. They’re long-term investments,” said Wally Drangmeister, a spokesman for the New Mexico Oil and Gas Association. “I think it’s a good sign that some investment is going in that will support the state.”
The $320 million project will transport natural gas liquid products from northwestern New Mexico to a hub in Hobbs in the southeastern corner of the state and ultimately to Texas to help meet existing and future demand.
The complete article at http://fuelfix.com/blog/2013/07/05/government-oks-new-mexico-natural-gas-pipeline/ .
