{"id":514703,"date":"2021-07-19T16:28:10","date_gmt":"2021-07-19T20:28:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\/"},"modified":"2021-07-19T16:28:10","modified_gmt":"2021-07-19T20:28:10","slug":"mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\/","title":{"rendered":"MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BISMARCK, N.D.<\/span>, <span class=\"xn-chron\">July 19, 2021<\/span> \/PRNewswire\/ &#8212; WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), began construction this week on the North Bakken Expansion project in northwestern <span class=\"xn-location\">North Dakota<\/span>. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation. WBI Energy received a notice to proceed on <span class=\"xn-chron\">July 8<\/span> from the Federal Energy Regulatory Commission, allowing construction to commence.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/435402\/MDUR_logo_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/435402\/MDUR_logo_Logo.jpg\" title=\"MDU Resources logo\" alt=\"MDU Resources logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;WBI Energy transports more than 50% of the natural gas produced from the Bakken. This project will bring WBI&#8217;s total pipeline system capacity to more than 2.4 billion cubic feet per day while reducing natural gas flaring in the region by allowing producers to move more gas to market. Producers have reinforced their need for this additional capacity by committing to long-term transportation contracts with WBI,&#8221; said <span class=\"xn-person\">David L. Goodin<\/span>, president and CEO of MDU Resources. &#8220;We appreciate the support from state and federal officials who helped elevate the significance of this project for both its environmental and economic benefits.&#8221;<\/p>\n<p>The North Bakken Expansion project includes construction of approximately 63 miles of 24-inch natural gas pipeline and 30 miles of 12-inch natural gas pipeline, as well as a new compressor station and additional associated infrastructure. It is estimated to cost <span class=\"xn-money\">$260 million<\/span> and, during peak construction, is expected to employ up to 450 people. WBI Energy expects to have the pipeline in service by the end of the year.<\/p>\n<p>\n        <b>Forward-Looking Statements<br \/><\/b><br \/>\n        <i>Information in this release includes certain forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release, including information about project completion, performance and cost, and statements by the president and CEO of MDU Resources, are expressed in good faith and are believed by the company to have a reasonable basis. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. For a discussion of important factors that could cause actual results to differ materially, refer to Item 1A \u2014 Risk Factors in MDU Resources&#8217; most recent Form 10-K and Form 10-Q and subsequent filings with the SEC.<\/i>\n      <\/p>\n<p>\n        <b>About MDU Resources<br \/><\/b><br \/>\n        <i>MDU Resources Group, Inc., a Fortune 500 company and a member of the S&amp;P MidCap 400 and S&amp;P High-Yield Dividend Aristocrats indices, is Building a Strong America\u00ae by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3232681-1&amp;h=2794771272&amp;u=http%3A%2F%2Fwww.mdu.com%2F&amp;a=www.mdu.com\" target=\"_blank\" rel=\"nofollow noopener\">www.mdu.com<\/a> or contact the Investor Relations Department at <a href=\"mailto:investor@mduresources.com\" target=\"_blank\" rel=\"nofollow noopener\">investor@mduresources.com<\/a>.<\/i>\n      <\/p>\n<p>\n        <b>Media Contact:<\/b>\u00a0Laura Lueder, manager of communications and public relations, 701-530-1095<br \/><b>Financial Contact:<\/b>\u00a0Jason Vollmer, vice president and chief financial officer, 701-530-1755<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG47970&amp;sd=2021-07-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project-301336754.html\">https:\/\/www.prnewswire.com\/news-releases\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project-301336754.html<\/a><\/p>\n<p>SOURCE  MDU Resources Group, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG47970&amp;Transmission_Id=202107191625PR_NEWS_USPR_____CG47970&amp;DateId=20210719\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BISMARCK, N.D., July 19, 2021 \/PRNewswire\/ &#8212; WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), began construction this week on the North Bakken Expansion project in northwestern North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation. WBI Energy received a notice to proceed on July 8 from the Federal Energy Regulatory Commission, allowing construction to commence. &#8220;WBI Energy transports more than 50% of the natural gas produced from the Bakken. This project will bring WBI&#8217;s total pipeline system capacity to more than 2.4 billion cubic feet per day while reducing natural gas flaring in the region by allowing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514703","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BISMARCK, N.D., July 19, 2021 \/PRNewswire\/ &#8212; WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), began construction this week on the North Bakken Expansion project in northwestern North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation. WBI Energy received a notice to proceed on July 8 from the Federal Energy Regulatory Commission, allowing construction to commence. &#8220;WBI Energy transports more than 50% of the natural gas produced from the Bakken. This project will bring WBI&#8217;s total pipeline system capacity to more than 2.4 billion cubic feet per day while reducing natural gas flaring in the region by allowing &hellip; Continue reading &quot;MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-19T20:28:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/435402\/MDUR_logo_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project\",\"datePublished\":\"2021-07-19T20:28:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/\"},\"wordCount\":473,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/435402\\\/MDUR_logo_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mdu-resources-subsidiary-begins-construction-on-nd-natural-gas-pipeline-project\\\/\",\"name\":\"MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline Project - 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(NYSE: MDU), began construction this week on the North Bakken Expansion project in northwestern North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation. WBI Energy received a notice to proceed on July 8 from the Federal Energy Regulatory Commission, allowing construction to commence. &#8220;WBI Energy transports more than 50% of the natural gas produced from the Bakken. 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