L · 10-Q · 2026Q3 · Full report

Boardwalk Growth Projects

LOEWS CORP · 2026-11-02 · Importance 52 · Surprise 42 · In source text

Boardwalk Pipelines has growth projects backed by executed precedent or long-term firm transportation agreements that are expected to add 4.7 Bcf/d of pipeline capacity and 10 Bcf of storage working-gas capacity, at an estimated aggregate cost of approximately $3.6 billion. The projects are scheduled for completion through 2030, and Boardwalk had spent $525 million through September 30, 2026; the agreements anticipate $9.6 billion of revenues, contingent on approvals, permits and construction. Several projects require Federal Energy Regulatory Commission approval, land rights and environmental permits, while others have received FERC approval and begun construction. Boardwalk cautioned that costs and in-service timing may differ materially from estimates, including due to permit timing, weather, land rights, material costs and tariffs.

Key facts

• Boardwalk Pipelines’ growth projects have expected aggregate costs of approximately $3.6 billion, expected to be spent through 2030; $525 million had been spent through the filing date. source
• Boardwalk Pipelines' growth projects include $9.6 billion of estimated revenues anticipated under executed precedent or long-term firm transportation agreements, contingent on approvals and permits and subject to construction risk. source
• Boardwalk Pipelines' executed-agreement growth projects are expected to add 4.7 Bcf/d of pipeline capacity and 10 Bcf of storage working-gas capacity, cost approximately $3.6 billion, and be completed through 2030. source
• The Carnation Project is expected in the fourth quarter of 2027 and to add 0.2 Bcf/d; FERC approval was received and construction commenced. source
• The Northeast Texas Power Plant Project is expected in the fourth quarter of 2027 and to add 0.3 Bcf/d, subject to FERC approval, land rights and environmental permits and authorizations. source
• The Kosciusko Junction Project is expected in the first half of 2028 and to add 1.2 Bcf/d, subject to FERC approval, land rights and environmental permits and authorizations. source
• The Ohio Power Plant Project is expected in the first half of 2028 and to add 0.3 Bcf/d, subject to FERC approval, land rights and environmental permits and authorizations. source
• The Southeast Compression for Utility Reliability Expansion Project is expected in the first half of 2028 and to add 0.3 Bcf/d; FERC approval was received and construction commenced. source

Impact estimates