Dominion Transmission Announces The Dominion
Hub Project
RICHMOND, Va. – Dominion Transmission, a unit of Dominion
(NYSE: D), announced Friday that it plans to hold an open season for the Dominion
Hub Project, which would receive new natural gas supplies expected from the
western United States, store them, and deliver the natural gas throughout the
Northeast and Mid-Atlantic states.
Dominion will be conducting a transportation non-binding open
season beginning May 23 and ending June 27, 2006, with a targeted in-service
date of November 2009. In addition, the open season will solicit interest in
18 million dekatherms of storage capacity with 300,000 dekatherms per day of
deliverability.
"Producers and end-users alike will benefit from the
flexibility and dependability of Dominion's hub-like pipeline system,"
said Paul Koonce, Dominion Energy chief executive officer. "Dominion’s
pipeline system is interconnected with multiple pipelines systems and provides
access to growing markets in the Northeast and Mid-Atlantic."
All facilities are subject to the approval of the Federal
Energy Regulatory Commission. Rates for the service will be based on market
participation and the final facilities design.
For additional information regarding please contact Josh Eakle
at (804) 819-2827 or Jeff Keister at (804) 819-2820. Information will also be
available on Dominion’s electronic bulletin board at escript.dom.com.
Dominion Transmission operates 7,800 miles of natural gas
transmission lines stretching from Ohio through the Northeast and Mid-Atlantic
states. It also operates the nation’s largest natural gas storage system
with more than 950 billion cubic feet of storage capacity.
Dominion is one of the nation's largest producers of energy,
with an energy portfolio of about 28,100 megawatts of generation, about 6.3
trillion cubic feet equivalent of proved natural gas reserves and retail energy
customers in nine states. For more information about Dominion, visit the company's
Web site at www.dom.com.
