June 20, 2020 - Comments Off on Gas titan scales back exploration in northern territory
Gas titan scales back exploration in northern territory
By Patrick Martin and Tim May
MINNEAPOLIS, Sept 19 (Reuters) - A pipeline project proposed for northern Minnesota could slow the pace of exploration for oil and natural gas in an area that has long been considered untapped and rich in oil and gas reserves.
The North Dakota-to-Minnesota pipeline would car바카라ry oil from the Bakken formation in North Dakota through the Illinois-Minnesota state line near Wabasha in southeastern Minnesota in three separate stages.
The plan would cross roughly 60 miles of water and wildlife in the Dakotas and Missouri. It would also transport crude oil from the U.S. Gulf Coast region west to Minnesota.
The oil would then be transported to majarvees.comrkets, including Canada. The project is now being studied by the U.S. Army Corps of Engineers and the U.S. Department of Commerce, the companies said.
The state will review the proposed pipeline and potential alternatives, according to a statement from the Minnesota Public Service Commission.
"It is an effort by some environmental groups to slow the exploration of oil and gas in this region and to have the North Dakota oil pipeline go through the state line," Minnesota Public Service Commissioner Andy Bauman said.
The pipeline is part of a multi-billion-dollar pipeline project that will include shipping liquefied natural gas from shale deposits in western North Dakota to an oil and natural gas terminal on the state line at Hennepin County.
Energy company TransCanada has been considering a pipeline to carry Bakken crude to Canadian ports, but said in March that it had no plans to start construction until the더킹카지노 company could establish a pipeline network in the state.
TransCanada has received approvals for several major energy projects in the state. It has not had a public meeting on its pipeline project but has provided detailed environmental analysis for the project, the company said.
A spokesman for TransCanada declined to comment for this story.
The companies said in a statement that the study would not be complete until after an environmental impact study is completed, and said they hope to receive a decision by September.
In August, the North Dakota Energy Council, a non-profit environmental group that represents the oil and gas industry, said that the two companies that were seeking permits to test the pipeline at Lake Calhoun had no record of being part of the "Big Energy Forward Coalition of companies seeking to build a pipeline from North Dakota to Minnesota" at the state line.