Piedmont Natural Gas, a natural gas utility with more than one million customers in North and South Carolina and Tennessee, has decided they want a piece of the Marcellus Shale gas action. Piedmont is investing $180 million in the yet-to-be-built Constitution Pipeline that will run from Susquehanna County, PA to Schoharie County, NY. Williams, the company building the new pipeline, and Piedmont collaborate on other projects too. Piedmont is also a customer of Williams’ Transco natural gas pipeline.
Here’s the announcement from Piedmont on why they’ve decided to invest in the Constitution Pipeline project: