PennEast will Stop developing its proposed Pennsylvania-New Jersey Natural Gas Pipeline, despite a Court Ruling, bolstering the Project this summer.
Spokesperson, Pat Kornick, confirmed the Company was Stopping Development, after Not receiving some Permits for the New Jersey Portion.
"PennEast received a Certificate of Public Convenience and Necessity from FERC to construct the proposed pipeline and obtained some required permits, PennEast has not received certain permits, including a water quality certification and other wetlands permits under Section 401 of the Clean Water Act for the New Jersey portion of the Project," Kornick said in a Statement.
"Therefore, the PennEast partners, following extensive evaluation and discussion, recently determined further development of the Project no longer is supported. Accordingly, PennEast has ceased all further development of the Project," the Statement continued.
The Supreme Court, in June, Ruled that the Pipeline, could Sue New Jersey, to Seize Land from the State.
This is Not the First Pipeline Project, in recent months, to Stop Construction despite getting a Favorable Ruling from the High Court.
Last year, Companies behind the Atlantic Coast Pipeline, called it Qquits, despite also notching a Supreme Court Victory over Permitting.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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