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)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    William Ploch
    713-783-5147