Dominion Offers Natural Gas Storage Service
at Salt Cavern Facility in Southwest Louisiana
RICHMOND, Va. – Dominion announced today that it would conduct
an open season in the first quarter of 2002 to seek customers for high deliverability
storage service from its Hackberry storage facility in southwest Louisiana.
Dominion will construct compressor facilities and natural gas pipelines to connect
Hackberry’s existing salt caverns to several interstate pipelines in the area
that carry supplies to the major U.S. markets.
“Dominion, the largest storage operator in North America
with almost one trillion cubic feet of capacity, is enhancing its existing asset
base by providing daily, even hourly, injection and withdrawal capability at
Hackberry,” said Thos. E. Capps, chairman and chief executive officer of Dominion.
“This high deliverability storage service will meet the needs of power generators
in and around the Midwest-Northeast-Mid-Atlantic quadrant of the U.S. that we
serve.”
The existing caverns will have a total capacity of about
17 billion cubic feet of natural gas and will deliver up to 800 million cubic
feet of natural gas per day. Additional caverns on the site could be developed
in the future. Dominion expects to file an application with the Federal Energy
Regulatory Commission by mid-2002 to ensure in-service in 2004.
The high deliverability gas storage facility will be operated
by Dominion Transmission, Inc., Dominion’s natural gas transmission and storage
subsidiary headquartered in Clarksburg, W.Va.
For additional information, contact Joe Kienle, director
of business development, at (804) 819-2114.
Dominion, headquartered in Richmond, Va., is one of the nation’s
largest producers of energy, with a production capability of more than 3 trillion
British thermal units of energy per day. Dominion owns and operates 7,600 miles
of natural gas transmission pipeline with a delivery capacity of 6.3 billion
cubic feet per day. Dominion serves nearly 4 million retail natural gas and
electric customers in five states. For more information about Dominion, visit
the company’s web site at www.dom.com.
