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Transportation Notes

Transportation Notes

Palmetto Interstate Pipeline Co., a partnership of Southern Natural and Carolina Power & Light, said it is extending its open season for firm transportation capacity on its proposed system until June 30. Interested parties should contact Sonat's Mark Limbaugh at (800) 633-8570 or CP&L's Rob Caldwell at (919) 546-4552. Palmetto is planning to build a line that would run from Sonat's terminus in Aiken, SC, to an interconnect with North Carolina Natural Gas - which is being purchased by CP&L - in Roberson, NC. CP&L plans to subscribe for a substantial portion of Palmetto's 200 MMcf/d to 300 MMcf/d capacity to fuel new electric generation being developed in the Carolinas, with the remainder to be used to increase regional gas availability. CP&L said it plans to build 4,000 MW of gas-fueled generation in the Carolinas by 2007. Palmetto said it plans to have Phase I of its system in service in April 2002 with up to 300 MMcf/d of capacity. Two later phases in the following two years would add capacity to the system.

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