Duke Energy Plans 1 Bcf LNG Plant in NC Fed by Marc/Utica Gas
Some exciting news from Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy. The company recently announced it plans to spend $250 million to build a 1 billion cubic feet LNG storage facility in southern North Carolina, in Robeson County. Gas is liquefied and stored as backup for residential customers to use during periods of high demand--mainly wintertime. And guess which pipeline (now under construction) will terminate right there, in Robeson County? That's right, the Atlantic Coast Pipeline--a joint venture between Dominion Energy and Duke Energy. The new LNG facility will also be able to use gas from a second pipeline in the county--Williams' Transco. The Transco pipeline flows Marcellus gas all the way from northeastern PA. Translation: Marcellus/Utica gas will feed the 1 Bcf LNG plant, an important new (big) customer for our our natural gas...
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