Project Profile
Value: Undisclosed
Location: Kennebec Valley, state of Maine, USA
Length: 100 miles
Start-up Year: 2014
Value: US$350 million
Summit Natural Gas of Maine has launched its Kennebec Valley Project. The 100 miles pipeline project will serve businesses and residents across the Kennebec Valley, U.S. state of Maine. In 2013, several construction crews and local contractors worked on Phase One of the company\'s plan to install 68 miles of steel main pipeline that is 99% complete. Hydro testing is taking place on the pipelines this week and gas service will begin next week for several parts of the region. Additionally, progress has been made on the more than 1,500 miles of distribution lines that will serve businesses and residents in the coming months. The company has already started working on Phase Two to install more distribution lines in the Kennebec Valley this spring and expand in southern Maine to serve Cumberland, Falmouth and Yarmouth in 2014, an investment of US$110 million. Commercial and municipal customers that have signed contracts with Summit include, the City of Augusta, Huhtamaki in Waterville, Inland Hospital in Waterville, Mattson Development, Redington-Fairview General Hospital in Skowhegan, Sappi Fine Paper North America in Skowhegan and UPM Madison. The project requires a US$350 million investment to save residential, commercial and industrial customers on their heating costs and will create more than 400 jobs in the region.
In August 2015, however, Summit Natural Gas of Maine cancelled 15% of the planned Kennebec Valley build-out in response to lower demand caused by crashing prices for heating oil in the industry depression. Summit, which said the numbers were weaker than it had hoped for, did not clarify which sections of the network would be shelved.
Summit Natural Gas of Maine: Operator with 100% interest