Spectra Energy Partners to Hold Open Season for Greenway-Blue Ridge Project
Spectra Energy Partners, LP, in response to strong market interest for additional market outlets and increased access to Appalachian natural gas supplies, is planning a further expansion of its East Tennessee Natural Gas (ETNG) system.
After evaluating the requests received from the Greenway open season held in February, ETNG has determined the facilities required for the Greenway-Blue Ridge expansion of the system. The expansion project will move substantial volumes of natural gas from the Appalachian supply basin to Southeastern and Mid-Atlantic U.S. markets.
“The Greenway-Blue Ridge project represents an important expansion of the ETNG system to serve our customers’ needs for transportation capacity, and is facilitated by Spectra Energy Partners’ solid balance sheet,” said Pat Gibson, vice president, ETNG. “By expanding within the existing rights of way of the ETNG system, we have greater flexibility to manage construction costs and put the project into service on schedule.”
The Greenway-Blue Ridge expansion could provide up to 275,000 dekatherms per day (Dth/d) of firm capacity for customers wishing to move supply from the Appalachian producing region in Southwest Virginia to ETNG’s Cascade Creek interconnect with Transcontinental Pipeline in North Carolina.
The extent and nature of the new facilities associated with this expansion project will be finalized following the results of the open season. At that time, ETNG will seek to execute binding precedent agreements with shippers. The expansion is expected to be placed into service as early as November, 2010.
Nominations will be accepted from 9 a.m. ET, Monday, October 20 through Friday, October 31, 2008, at 5 p.m. ET. For nomination forms and additional information, contact William Wickman at (865) 692-2110 or by email at wewickman@spectraenergy.com. Information is also available on the company’s web site at http://www.spectraenergypartners.com .
Spectra Energy Partners, LP is a Delaware master limited partnership that owns interests in natural gas transportation and storage assets in the United States. Spectra Energy Partners’ assets include the East Tennessee Natural Gas system, a 1.3 billion cubic feet (Bcf) per day, 1,400-mile natural gas transportation pipeline located in the Southeastern United States, and Saltville Gas Storage, a 5.5 Bcf working capacity natural gas storage facility located adjacent to the East Tennessee Natural Gas system in Virginia. Spectra Energy Partners also owns a 24.5 percent interest in Gulfstream Natural Gas System, which owns a 1.1 Bcf per day, 690-mile natural gas pipeline that connects Mobile Bay to the central Florida peninsula through the Gulf of Mexico, and a 50 percent interest in Market Hub Partners, which owns high deliverability salt cavern storage assets capable of storing 37 Bcf of natural gas. Visit http://www.spectraenergypartners.com for more information.
