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The findings: We found a maximum 12% deduction for being on the pipeline. We also found an 87% premium for being on the pipeline. The erratic results show the differences between the on and off conditions are inconclusive. In essence, there is no indication of a consistent relationship between proximity and sale price.
Liquids and gases are transported in pipelines, and any chemically stable substance can be sent through a pipeline.
The executing agency needs a 90-feet-wide strip, which is dug 15-feet deep, to lay the gas pipeline. On this strip, the owner cannot build any structure, grow trees or dig ponds. For this, the authorities offered an amount of Rs 3 lakh per kanal. Apart from this, some compensation will also be provided for crop damage.
Pipelines can pollute air, water, soil and climate when they leak. Pipelines that cross rivers and streams are more vulnerable to breaks when heavy rain and floods occur.
Building pipelines results in deforestation and the destruction of habitats for multiple species. There have been approximately 9,000 significant pipeline spills over the past 30 years. Over 500 people have died because of these spills, in addition to 2,576 people injured, and over $8.5 billion in financial damages [1]
A route, channel, or process along which something passes or is provided at a steady rate; means, system, or flow of supply or supplies: Freighters and cargo planes are a pipeline for overseas goods.
The presence of an underground natural gas transmission pipeline does not affect the sales prices or value of residential properties, ing to a new study, Pipeline Impact to Property Value and Property Insurability, conducted by Integra Realty Resources (IRR) on behalf of the Interstate Natural Gas Association of ...
Destruction of thousands of acres of vital habitat, forest, and pristine lands. Loss of the valuable water and air filtering that forests provide. Fragmentation of forest habitat and wildlife corridors and increased risk of invasive species along pipeline right-of-ways.