WBI to receive $500M state financial guarantee to build natural gas pipeline in North Dakota

The North Dakota Industrial Commission has awarded WBI Energy an up to $500 million financial guarantee to build a pipeline that will bring natural gas to the state’s eastern communities.

WBI’s project, which it calls Bakken East, is expected to transport about 1 billion cubic feet of natural gas per day to eastern North Dakota.

Bringing natural gas from the Bakken to the eastern part of the state w…