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Sempra gas pipeline proposal nixed by California regulator

Published 06/22/2018, 03:45 PM
© Reuters.  Sempra gas pipeline proposal nixed by California regulator
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  • Sempra Energy 's (SRE +1.6%) request to build a 47-mile gas pipeline known as Line 3602 in San Diego County is rejected by the California Public Utilities Commission.
  • SRE's San Diego Gas & Electric had argued that the pipeline was necessary to replace an old line that was constructed nearly 70 years ago, but a CPUC administrative law judge last month recommended commissioners reject the utility’s plan.
  • The CPUC backed the administrative law judge's findings, which is says were based on the utility’s projections for natural gas supply and its own natural gas reliability standards.
  • Now read: Targa Resources (TRGP) Presents At J.P. Morgan Energy Equity Conference - Slideshow


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