Developers of the PennEast natural gas pipeline, intended since 2014 to carry fracked gas 120 miles from the Marcellus Shale in Pennsylvania to New Jersey for New York area markets, cancelled the estimated $1.1 billion project on Sept. 27, announcing they have “ceased all further development.”
Despite a favorable U.S. Supreme Court decision in June that allowed PennEast to condemn state-owned land for construction, the project faced strong opposition from environmental groups and New Jersey officials. It had been set to come on line in 2017.