BISMARCK, N.D. (Prairie Public/KFGO) The two companies that have proposed natural gas pipelines to bring gas from the Bakken to central and eastern North Dakota made their pitches to the North Dakota Industrial Commission. The Industrial Commission would commit to buying up to $500 million of space on that pipeline. That would be a $50 million commitment per year for the next 10 years. The companies are Intensity Infrastructure Partners and WBI energy. Joe griffin, CEO of Intensity, told the commission that the company has had experience building pipelines that have carried oil from the Bakken.
“This is a very natural fit for us. Its come a couple years later but we’ve done it before, and we’re very confident we we can do it again.” Griffin said.
Nichole Kvisto is the president and CEO of MDU resource group, the parent company for WBI. She told the commission that now is the time to build that natural gas pipeline.
“We really see the stars aligning right now. With producer push and the need to increase production out of the Bakken as well as demand pull, and that demand pull is being driven by industrial load of course, but also increased electrical demand.” Kvisto said.
The commission expects to make funding decisions in august.
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