ONEOK Partners Nearing Completion of Fargo Lateral Expansion

abarrelfullabarrelfull wrote on 22 Sep 2012 07:53

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Sept 28, 2009

ONEOK Partners, L.P. (NYSE: OKS) announced today that its subsidiary, Viking Gas Transmission Company, is nearing completion of a $14.7 million expansion of the Fargo lateral segment of its natural gas pipeline.

Approximately 10 miles of the 18-mile pipeline will be expanded by replacing the existing eight-inch pipe with 12-inch pipe, which will increase the pipeline's throughput capacity to 91 million cubic feet per day (MMcf/d) from 53 MMcf/d. Northern States Power, a subsidiary of Xcel Energy, is the largest volume shipper on the lateral.

"The increased demand experienced during the last few heating seasons made this a necessary and important project for the region," said Terry K. Spencer, ONEOK Partners chief operating officer. "The expansion of the Fargo lateral is another example of ONEOK Partners' strategic commitment to providing asset solutions to meet the growing energy needs in the marketplace."

The expansion is expected to be complete by mid-October of this year. Once complete, the facility will transport increased volumes of natural gas to Northern States Power delivery points in Fargo, N.D., and Dilworth and Moorhead, Minn.

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