Federal regulators approve multistate natural gas pipeline

Federal regulators have approved

construction of a 270-mile natural gas pipeline project through

Mississippi, Louisiana and Alabama.

The project, known as Southeast Supply Header, is a joint

venture between CenterPoint Energy and Spectra Energy Corp., both

of Houston, Texas.

It is designed to connect natural gas pipelines in Arkansas,

Oklahoma and Texas with another line that connects that Gulf of

Mexico to Florida.

The 36-inch pipeline will transport up to 1 billion cubic feet

of natural gas per day from a CenterPoint-owned hub in northeast

Louisiana to one co-owned by Spectra in Mobile, Ala.

It represents the final step in the Federal Energy Regulatory

Commission's process.

Final cost estimates grew to $840 million in the project's final

filings with FERC.