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Texas Eastern Pipeline (TETCo) is a major natural gas pipeline which brings gas from the Gulf of Mexico coast in Texas and Louisiana up through Mississippi, Arkansas, Tennessee, Missouri, Kentucky, Illinois, Indiana, Ohio, and Pennsylvania to deliver gas in the New York City area. It is one of the largest pipeline systems in the United States.
In 2002, Duke Energy acquired Westcoast Energy, a Canadian corporation, which owned Chatham, Ontario-based Union Gas, regulated under the 1998 Ontario Energy Board Act.. On December 29, 2006 Standard & Poor's added Spectra Energy Corp. to its S&P 500 Index, replacing Parametric Technology Corp. (Nasdaq: PMTC), a software company, which then moved to the S&P MidCap 400 list instead. [5]
Spectra was formed in late 2006 as a spin-off from Duke Energy. Spectra owned the Texas Eastern Pipeline (TETCo), a major natural gas pipeline transporting gas from the Gulf of Mexico coast in Texas to the New York City area; TETCo was one of the largest pipeline systems in the United States. [29]
Spectra Energy's 1,717-mile Express-Platte System is one of just three major pipeline systems moving crude oil from western Canada to U.S. refining markets in the Rockies area and the Midwest.
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The pipeline project was the longest, biggest and heaviest of its kind in the world. [25] In total, the Big Inch pipeline was 1,254 miles (2,018 km) long, with 222 miles (357 km) of secondary distribution and feeder lines, and had 28 pumping stations along the route, approximately every 50 miles (80 km). [26]
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The Algonquin Gas Transmission Pipeline is a 1,100 miles (1,800 km) long pipeline system, which delivers natural gas to New England. It is connected to the Texas Eastern Pipeline and the Maritimes & Northeast Pipeline. The Algonquin Gas Transmission pipelines transport about 20 billion cubic meters (bcm) of natural gas per annum.