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Dominion Puts Fifth Tank in Service at Cove Point, Increasing LNG Storage to 7.8 Billion Cubic Feet

   This is the logo for Dominion (NYSE: D), the United States' largest fully integrated natural gas and electric power company. The company's major subsidiaries are Dominion Energy, Dominion Exploration & Production, Dominion Retail, Dominion Virginia Power, Dominion North Carolina Power, Dominion East Ohio, Dominion Peoples, and Dominion Hope. Dominion's headquarters is in Richmond, Va. For more information, visit the company's Internet site atwww.dom.com. (PRNewsFoto)

RICHMOND, VA USA
   Dominion Cove Point LNG facility on the Chesapeake Bay in Maryland. (PRNewsFoto)

RICHMOND, VA USA
    RICHMOND, Va., Dec. 8 /PRNewswire-FirstCall/ -- Dominion (NYSE: D) has
placed a new liquefied natural gas storage tank in service at Dominion Cove
Point in Maryland, increasing on-site storage from the equivalent of 5 billion
cubic feet to 7.8 billion cubic feet of natural gas.  The new tank holds
135,000 cubic meters of LNG, which is approximately equivalent to 2.8 billion
cubic feet of natural gas.
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20000831/DLOGO )
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20040211/CLW015 )
    "Increased storage gives shippers the added flexibility needed to reliably
provide natural gas in the Mid-Atlantic and Northeast year-round," said Thos.
E. Capps, Dominion's chairman and chief executive officer.  "I'm particularly
proud that our staff was able to complete the project nearly three months
ahead of schedule so we could provide service during the coming winter
months."
    The new tank is the final step in the re-commissioning and expansion of
the import terminal undertaken by Dominion in 2003. In its first year of
service, Dominion Cove Point delivered 187 billion cubic feet of natural gas.
    Dominion has proposed an additional expansion of the facility scheduled
for 2008, which would increase output capacity from 1 billion cubic feet per
day to 1.8 billion cubic feet per day, and storage capacity from 7.8 billion
cubic feet to 14.6 billion cubic feet.
    LNG provides a safe and efficient way of transporting and storing natural
gas, as it is stored at about minus 260 degrees Fahrenheit at near atmospheric
pressure.  The new tank has a 9 percent nickel steel inner tank surrounded by
about four feet of insulation, which is contained by an outer steel tank.  LNG
is non-toxic, non-explosive and non-flammable in its liquid state and will
burn only after it has been re-gasified and mixed in the proper proportion
with air. Dominion Cove Point is one of four operating import facilities in
the U.S., and the U.S. has the largest number of active LNG facilities in the
world, with over 110 locations.
    Dominion is one of the nation's largest producers of energy, with an
energy portfolio of about 25,500 megawatts of generation, 6.4 trillion cubic
feet equivalent of proved natural gas reserves and 7,900 miles of natural gas
transmission pipeline.  Dominion also operates the nation's largest
underground natural gas storage system with more than 960 billion cubic feet
of storage capacity and serves retail energy customers in eight states.  For
more information about Dominion, visit the company's Web site
at http://www.dom.com .


SOURCE Dominion




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Photo Notes:http://www.newscom.com/cgi-bin/prnh/20000831/DLOGO
http://www.newscom.com/cgi-bin/prnh/20040211/CLW015
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Media, Dan Donovan, +1-412-951-1080, or
Daniel_E._Donovan@dom.com , or Karl Neddenien, +1-804-771-4540,
or Karl_R_Neddenien@dom.com , both of Dominion