CHARLOTTE, N.C., May 31, 2013 /PRNewswire/ -- Piedmont
Natural Gas (NYSE: PNY) today announced the completion of its
Sutton Pipeline Project, which will provide natural gas delivery
service to a new combined cycle power generation facility near
Wilmington, North Carolina.
The pipeline project, first announced in April 2010, involved the construction of 120
miles of 20-inch natural gas transmission pipeline, 8 miles of
30-inch natural gas transmission pipeline, and approximately 25,000
HP of additional compression facilities on Piedmont's system.
Commenting on the project's completion, Piedmont Natural Gas
Chairman, President, and CEO, Thomas E.
Skains, said, "We are pleased to initiate our natural gas
delivery service to the new gas-fired power generation facility as
scheduled on June 1, 2013. This
is a significant milestone for Piedmont in the successful execution of our
strategic directives to expand our core natural gas business to
serve customers and enhance shareholder value."
The new natural gas pipeline, in addition to serving the
requirements of the new power generation facility, will also create
cost effective expansion capacity that Piedmont will use to help serve the growing
natural gas requirements of its other customers in the eastern part
of North Carolina.
About Piedmont Natural Gas
Piedmont Natural Gas is an energy services company primarily
engaged in the distribution of natural gas to more than one million
residential, commercial, industrial and power generation utility
customers in portions of North
Carolina, South Carolina
and Tennessee. Our subsidiaries
are invested in joint venture, energy-related businesses, including
unregulated retail natural gas marketing, and regulated interstate
natural gas transportation and storage and intrastate natural gas
transportation businesses. More information about Piedmont Natural
Gas is available on the Internet at http://www.piedmontng.com/.
SOURCE Piedmont Natural Gas