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OilMonster

Natural Gas June 01, 2018 01:30:13 AM

$1 Million Grant Awarded for Gas Pipeline

Anil
Mathews
OilMonster Author
The grant was awarded to the McKean County Commissioners by the Commonwealth Financing Authority through its Pipeline Investment Program.
$1 Million Grant Awarded for Gas Pipeline

SEATTLE (Oil Monster): On May 22, Rep. Martin Causer and Senator Joe Scarnati announced a $1 million pipeline investment grant has been approved to support construction of a natural gas pipeline to International Wax Inc.’s Keating Township facility.

“This is an important investment in our community that will help retain more than 130 good-paying jobs and support our local economy,” Causer said. “International Wax is a valued employer, and the grant will allow the company to make necessary upgrades to its facility to comply with federal regulations.”

“I am extremely pleased to announce that this project in Keating Township is receiving state funding to help come into compliance with EPA mandates, utilize natural gas and maintain over 130 local jobs,” Scarnati said. “I commend IWI and McKean County Commissioners for working together on this endeavor and for receiving this substantial grant.”

IWI is looking to convert its current four-inch main steam generation system from coal to natural gas at the Keating Township refinery. The project and associated boiler gas conversation project will bring the facility into compliance with the federal Environmental Protection Agency’s Major Source Boiler Maximum Achievable Control Technology rule.

The total cost of the project is $2,512,549 and the cost of compliance is being executed at a financial loss to the company.

The project consists of a new six-inch steel, 8.5-mile natural gas pipeline to be installed within a 35-foot right-of-way running adjacent to State Route 46 and East Valley Road. A permanent interconnect will be constructed at the southern terminus of the line with Tennessee Gas Pipeline Company in Crosby.

The grant was awarded to the McKean County Commissioners by the Commonwealth Financing Authority through its Pipeline Investment Program.

The financing was approved at the May 22nd CFA meeting in Harrisburg. Funding for the project comes from the Commonwealth’s Pipeline Investment Program.

Courtesy: www.tiogapublishing.com

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