PNM Scraps Pipeline Plan

PNM scraps pipeline plan near Navajo Nation

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New Mexico’s largest utility announced that it has shelved plans for a new $100 million pipeline and natural gas plant project in San Juan County near the Navajo Reservation.
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PNM Scraps $100M Gas Plant

PNM scraps $100M gas plant plan

ALBUQUERQUE, N.M. — Public Service Company of New Mexico, the state’s largest electric utility, has withdrawn from regulatory consideration a plan to build a $100 million natural gas plant and pipeline in San Juan County.

In a conference call with investors last week, PNM said it was abandoning the proposal due to lower-than-expected energy demand projections.

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PNM halts plans for San Juan County gas plant, pipeline

PNM halts plans for San Juan County gas plant, pipeline

The state’s largest electric utility has halted plans to develop a natural gas plant and pipeline in San Juan County, saying Friday that energy demand is lower than expected and the project isn’t necessary.
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