More delays, cost increases for two East Coast natural gas pipelines

first_imgMore delays, cost increases for two East Coast natural gas pipelines FacebookTwitterLinkedInEmailPrint分享The Roanoke Times:The projected cost of building the Mountain Valley Pipeline has gone up by another half a billion dollars. And the expected completion date, most recently slated for mid-2020, has been pushed back to the end of that year.In an announcement Tuesday, Mountain Valley attributed the latest delay and revised cost estimate — now at between $5.3 billion and $5.5 billion — to “various legal and regulatory challenges.”When work began in February 2018, Mountain Valley said it would be done by the end of that year at a cost of $3.7 billion. Several delays and cost increases have been announced since then.As costs have risen steadily, some opponents have voiced hopes that investors will pull out of the joint venture, made up of five energy companies. But considering the amount of work that has already been completed on the pipeline’s route through West Virginia and Southwest Virginia, one financial analyst who has followed the project closely saw a “very low probability” of that happening.“I don’t think that EQM has any intention of giving up on this project, given how much capital has already been devoted,” said Josh Price, a senior energy analyst for Height Capital Markets, an investment banking firm in Washington, D.C.Still, construction has progressed faster than that of the Atlantic Coast Pipeline, a similar project to the east that was approved at the same time by FERC. Led by Dominion Energy, the Atlantic Coast project has also encountered legal resistance from environmental groups. The cost for that three-state pipeline has gone up by about $3 billion, to $7.75 billion, and construction is running two years behind schedule, with completion delayed until late 2021.More: Another delay, cost increase for Mountain Valley Pipelinelast_img read more

PICTURE SPECIAL: HYUNDAI NATIONAL OPEN WEEK AT DIVERS GARAGE LETTERKENNY

first_imgHyundai National Open-Week which started on Saturday the 8th November and which runs until Saturday the 15th, has already attracted huge crowds to Divers Hyundai in Letterkenny.Divers Hyundai kicked off their open-week by having a display of cars at the North-West car show this weekend which was a huge success.Divers Hyundai managed to secure FIVE deals over the weekend with TWELVE serious enquiries which we anticipate will also lead to completed further sales down the line. As ever the Hyundai brand continues to go from strength to strength with a huge interest yet again in the ever popular ix35.With the new upgraded 2015 i40 also generating a rise in popularity.Upgraded power output from 115 bhp to 140bhp among an array of major specifications have increased improvements and demand for the product.The public have clearly become conscious of Hyundai’s rise in popularity due to unrivalled FIVE-YEAR warranty, spec, fuel economy, and reliability. With the new generation i20 landing in our forecourt this week, things certainly look like being yet another record breaking year for Hyundai and not to mention Divers Garage.This car will enter the market with a distinct advantage over its class rivals.It’ll be bigger, have more room, more toys and a design that will leave others trailing in its wake.The new Santa Fe which was scarce since its launch, is now readily available.The Hyundai i10 has picked up the best city car 2015 award recently and also has roared to the top of the charts in its class this year in terms of units sold nationally. A huge feat considering it only entered the Irish market in feb this year and missed the early orders for 2014.To say Divers Garage expect 2015 to be buoyant again is an understatement.Divers Garage intend to further increase our market share and set down a real market for our competitors.As an extra incentive on top of the 5yr warranty, Divers Garage are offering our customers FIVE years free servicing for any orders placed during our open-week for January 2015 registration. And the luxury of a choice of finance options including the increasingly popular PCP at only 6.9% APR..Call in any time during the week and test drive any of the cars which make up Ireland’s fastest growing car brand.HYUNDAI – BELIEVE EVERYTHING YOU HEAR!PICTURE SPECIAL: HYUNDAI NATIONAL OPEN WEEK AT DIVERS GARAGE LETTERKENNY was last modified: November 11th, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:BusinessDiver’s GarageDiver’s HyundaiFeaturesNational Open-Weeknewslast_img read more