CHARLOTTE, N.C., April 18, 2014 /PRNewswire/ -- Piedmont Natural
Gas (NYSE: PNY) today announced an agreement with Marine Corps Base
Camp Lejeune, home to the U.S. Marine Corps' II Marine
Expeditionary Force, to greatly expand its natural gas facilities
at the historic base located in Jacksonville, North Carolina. The
three-year and approximately $15
million expansion project will involve the construction of
more than 55 miles of new natural gas mains, services, and
other facilities to approximately 500 existing structures to help
increase the energy efficiency on the base. Construction is
currently underway and is scheduled for completion in 2016.
The new natural gas facilities will allow Camp Lejeune to "decentralize" and reduce
inefficiencies associated with its existing "centralized" coal and
fuel-oil fired steam system. Each decentralized building will
be disconnected from the existing steam system and replaced with a
more efficient natural gas boiler unit, resulting in substantial
annual cost savings. Natural gas, on an energy equivalent
basis, emits approximately 50 percent less CO2 than coal
and 30 percent less CO2 than fuel-oil, making it the
best fossil fuel source available to reduce greenhouse gas
emissions.
Commenting on the agreement with Camp
Lejeune, Piedmont Natural Gas Vice President for Sales and
Delivery Services, Bill Williams,
said, "This is an exciting project for Piedmont and one we are pleased and honored to
be working on with Camp Lejeune. With the construction of the
new natural gas infrastructure, the base will be more energy
efficient, which should help reduce its overall energy costs, and
have a smaller carbon footprint."
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, including customers
served by municipalities who are wholesale customers. 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
regulated 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 Company