Dominion Hub I will allow Rocky Mountain basin gas to reach East,
Mid-Atlantic
RICHMOND, Va., Aug. 16 /PRNewswire-FirstCall/ -- Dominion (NYSE: D)
announced today that it has secured firm, long-term commitments to receive
natural gas supplies from a new pipeline, Rockies Express (REX), and
deliver it to major natural gas markets in the Northeast and Mid-Atlantic
regions.
Dominion's project, named Dominion Hub I, is the first transportation
project to provide firm access from the REX pipeline to the Northeast and
Mid-Atlantic regions.
"We are proud to offer Rocky Mountain basin producers market access for
this new gas supply," said Gary Sypolt, president of Dominion Transmission.
"The robust Dominion natural gas pipeline and storage grid ensures that REX
shippers will have year-round access to local distributors, industrial
consumers and power generation markets throughout the eastern seaboard."
The cornerstone of the Dominion Hub I project is an agreement to
transport natural gas from Ohio to the Dominion market area. Subject to
regulatory approvals, Dominion expects to complete related facility
construction and begin firm service in November 2009.
Dominion is one of the nation's largest producers of energy, with a
portfolio of more than 26,500 megawatts of generation and 7,800 miles of
natural gas transmission pipeline. Dominion also owns and operates the
nation's largest underground natural gas storage system with about 960
billion cubic feet of storage capacity and serves retail energy customers
in 11 states. For more information about Dominion, visit the company's Web
site at http://www.dom.com.
SOURCE Dominion
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Related links:
http://www.dom.com
CONTACT:
Media, Bob Fulton of Dominion,
+1-304-627-3200, Robert.E.Fulton@dom.com
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