SOURCE: Industrial Info Resources

Industrial Info Resources

December 19, 2014 06:30 ET

MDU Places Dakota Natural Gas Pipeline on Hold, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 19, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- A proposed pipeline to transport natural gas from the Bakken Shale to the Upper Midwest has been placed on hold by its developer, MDU Resources Group Incorporated (NYSE:MDU) (Bismarck, North Dakota). The Dakota Pipeline project, announced at the start of 2014, was expected to cost about $650 million to build. Assuming all permits were obtained, construction was scheduled to kick off in early- to mid-2016, and the pipeline was scheduled to be operating by November 2017.

Within this article: Status of MDU's natural gas pipeline project.

Additional companies: ONEOK Partners (NYSE:OKS), TransCanada Pipelines Limited (NYSE:TRP)

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