Dominion Buys SC/GA Pipeline Network, Plans for Marcellus Gas?
Dominion Resources, a large energy producer and midstream company operating primarily in the mid-Atlantic and southeast, is behind the the Atlantic Coast Pipeline--a 550-mile, $5 billion natural gas pipeline that will run from West Virginia through Virginia and into North Carolina to deliver 1.5 billion cubic feet per day of Marcellus and Utica Shale gas to VA and NC (see Dominion Asks FERC to Start Environmental Review of SE Pipeline). Yesterday Dominion announced they've picked up Carolina Gas Transmission (CGT) for a cool $492.9 million. CGT operates 1,500 miles of FERC-regulated interstate natural gas pipeline in South Carolina and southeastern Georgia. We wonder if Dominion plans to connect the Atlantic Coast Pipeline to CGT and flow Marcellus/Utica shale gas deep into the heart of Dixie...
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