DEGT UNIT FILES FERC APPLICATION FOR PROPOSED JEWELL RIDGE LATERAL PIPELINE PROJECT
HOUSTON – East Tennessee Natural Gas (ETNG), a unit of Duke Energy Gas Transmission (DEGT), today filed an application with the Federal Energy Regulatory Commission (FERC) for its proposed Jewell Ridge Lateral natural gas pipeline project in southwest Virginia.
The 32-mile, 20-inch diameter lateral pipeline will connect the East Tennessee Natural Gas (ETNG) mainline pipeline system to CNX Gas Company LLC’s existing Cardinal States Gathering System where CNX has contracted for a portion of the available capacity. The availability capacity is 235,000 dekatherms a day, which can be expanded to meet market demand. The project is expected to be in service in summer 2006.
“The Jewell Ridge Lateral project will provide Appalachian natural gas producers a new outlet for their growing supply to support the growth in the Tennessee, Virginia and North Carolina markets,” said Guy Buckley, group vice president, DEGT. “Supply through this lateral also will be available to east coast markets through ETNG to various pipeline interconnects with Texas Eastern, Transco, Tennessee Gas, Columbia Gulf, Midwestern and Sonat pipelines.”
The Jewell Ridge project is the latest expansion of the ETNG system. In the five years since DEGT’s acquisition of ETNG, the company has strategically grown its mid-Atlantic position through system expansion and acquisition. Earlier this month, DEGT completed the acquisition of Virginia Natural Gas storage and pipeline assets in southwest Virginia.
“The Jewell Ridge project, combined with other recent expansions of the ETNG system, creates an integrated energy hub that provides storage and transportation options for mid-Atlantic producers,” Buckley added.
East Tennessee Natural Gas owns and operates two mainline systems originating near Nashville, Tenn. These systems transport natural gas in an easterly direction along northern and southeast Tennessee. At a convergence point near Knoxville, Tenn., the system extends northeast through Tennessee and Virginia, where one leg terminates at Roanoke, Va., and the other at Eden, N.C.
The 1,353-mile system has a current design capacity of 1.25 billion cubic feet per day and provides unbundled, open-access transportation and storage services to local distribution companies and industrial customers in the region.
Duke Energy Gas Transmission is a North American leader in developing natural gas energy infrastructure, connecting major natural gas supply sources to growing markets. Based in Houston, Texas, the company’s assets and operations include more than 17,500 miles of transmission pipeline and 250 billion cubic feet of storage capacity in Canada and the United States along with significant gathering, processing, distribution and natural gas liquids operations that are among the largest in Canada. More information on DEGT can be found at: http://www.degt.duke-energy.com.
Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in the Americas. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com.