Piedmont Natural Gas strikes $213M pipeline deal to boost NC supply

CHARLOTTE — The Williams Cos. plans $212.5 million worth of upgrades to its Transco pipeline in North Carolina to increase deliveries to Piedmont Natural Gas by as much as 423,400 dekatherms a day by the end of 2024.

Williams filed an application last month for the Southside Reliability Enhancement Project with the Federal Energy Regulatory Commission. It calls for no additional pipeline construction, but for upgrading compressors and other infrastructure to increase amount of gas that can be transported to parts of the state.

Piedmont is the sole customer for the gas that will come from the project. Spokeswoman Meghan Miles says Piedmont is not disclosing what it will be paying for the increased transportation capacity.

“The majority of the new capacity will firm up (capacity from) an existing path from Transco’s interconnection with Pine Needle LNG Co. LLC’s storage facility to Piedmont’s existing metering facilities in Iredell County,” she says. “The remainder of the capacity provides additional firm service to serve eastern N.C. and will be connected to Piedmont’s existing pipeline system in that region.”

Read more here --> bit.ly/3xRWr6p

(WATCH BELOW: Permanent rate hike for Piedmont Natural Gas approved; nonprofit helps keep homes warm)