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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