NEW ORLEANS, March 24 MDU Resources Group Inc
is looking for more natural gas producers to sign up to
use capacity on a planned $650 million pipeline that would
transport the fuel through North Dakota to Minnesota, the
company's chief executive said on Monday.
The company in January launched a 120-day period for
prospective customers of the pipeline to sign supply agreements
to transport natural gas.
"We're encouraged by the reaction of the marketplace, but
I'd be getting ahead of myself if I said we're ready to build"
the pipeline, Dave Goodin, MDU's chief executive, said during an
interview at the Howard Weil energy conference in New Orleans.
"We need some binding commitments."
(Reporting by Ernest Scheyder; Editing by Bernard Orr)