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New Bakken Natural Gas Pipeline | Russell T. Rudy Energy LLC

“Rigzone” reports that Dave Goodin, CEO of MDU Resources Group (http://www.mdu.com/ ) revealed that the company is gauging interest in a new pipeline to carry gas from the Bakken Shale to Minnesota.  With an estimated cost of $650 million, MDU wants firm commitments from producers before proceeding further.  Given relatively low current natural gas prices, interest in a pipeline is not as strong as MDU had hoped.  However, with roughly 1/3 of Bakken gas currently being flared, there is strong pressure from governmental and environmental groups to proceed with the project.

To read the article in its entirety please go to http://www.rigzone.com/news/oil_gas/a/132225/MDU.