RICHMOND, Va., Sept. 13 /PRNewswire-FirstCall/ -- Dominion (NYSE: D)
announced Wednesday the sale of 150 acres containing three salt caverns in
Cameron Parish, Louisiana. The natural gas storage project was sold to a
partnership consisting of Sempra Pipelines & Storage, a unit of Sempra
Energy (NYSE: SRE), and ProLiance Transportation and Storage, LLC, the
asset development and ownership affiliate of ProLiance Energy, LLC.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000831/DLOGO )
Dominion is one of the nation's largest operators of underground
natural gas storage facilities, with nearly all of that storage in the
Northeast and Midwest market areas. Other terms of the sale were not
disclosed.
Dominion is one of the nation's largest producers of energy, with a
portfolio of about 28,000 megawatts of generation, about 6.3 trillion cubic
feet equivalent of proved natural gas reserves and 7,800 miles of natural
gas transmission pipeline. Dominion also operates one of the nation's
largest underground natural gas storage systems with about 950 billion
cubic feet of storage capacity and serves retail energy customers in ten
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/
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000831/DLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/203456.html/
CONTACT: Media, Mark Lazenby, +1-804-819-2042, or mark_lazenby@dom.com, or Analysts, Laura Kottkamp, +1-804-819-2254, or laura_e_kottkamp@dom.com, or T. A. Hickman, +1-804-819-2129, or thomas_hickman@dom.com, all of Dominion
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