Governor Terry McAuliffe announces a joint venture between Dominion, AGL Resources, Duke Energy, and Piedmont Natural Resources to build a major natural gas pipeline though parts of Virginia, West Virginia, and North Carolina.
On September 2, Governor Terry McAuliffe announced a joint venture between Dominion, AGL Resources, Duke Energy, and Piedmont Natural Resources to build a major natural gas pipeline though parts of Virginia, West Virginia, and North Carolina. Construction of the pipeline would:
• Produce approximately $1.42 billion in economic activity in the Commonwealth.
• Support more than 8,800 new Virginia jobs, including nearly 5,000 directly supported by spending on construction activities.
• Generate more than $14.6 million in additional tax revenues for the Commonwealth, including individual income and corporate tax revenues.
• Once construction is complete, the pipeline would generate a total of 37.8 million per year in ongoing economic activity, support a total of 188 jobs annually and produce more than $233,000 in additional state tax revenue.
