FERC Upholds New York's Denial Of Constitution Natural Gas Pipeline

U.S. energy regulators rejected Williams Cos. Inc.’s (NYSE: WMB) request to overturn New York’s denial of a water permit for the company’s proposed Constitution natural gas pipeline from Pennsylvania to New York, according to a filing on Jan. 11.

Williams said in a statement it was disappointed with the U.S. Federal Energy Regulatory Commission’s (FERC) decision and said it would seek a rehearing and, if necessary, appeal of this decision.

“Constitution remains committed to constructing and placing into operation this critical piece of energy infrastructure,” Williams said.
Source: Oil & Gas Investor