HOUSTON--(BUSINESS WIRE)--Southern Union Company placed the Florida Gas Transmission Company (FGT) Phase VIII Expansion project in service today as scheduled.
The expansion increases the capacity of FGT’s mainline facilities from the Mobile Bay, Ala. area to southern Florida and provides additional firm transportation service capacity throughout Florida to meet the state’s rising energy demand. The FGT Phase VIII Expansion project included the construction of approximately 483 miles of pipeline and 213,600 horsepower of additional mainline compression in Alabama and Florida.
Southern Union recently received approval from the Federal Energy Regulatory Commission to place the $2.48 billion FGT Phase VIII Expansion project into service.
Eric D. Herschmann, vice chairman, president and COO of Southern Union said, “We are pleased to have placed the Phase VIII Expansion into service on time and within budget. This project will benefit the company and its shareholders as well as provide our Florida customers with the natural gas they need. Natural gas demand in Florida is projected to continue to grow and Florida Gas Transmission is well positioned to continue to provide our customers with reliable supply.”
“FGT has worked with its customers for over 50 years to bring cleaner burning natural gas to Florida and has met its expansion commitments and timelines since 1995,” said Bob Hayes, vice president and chief commercial officer of FGT.
About Florida Gas Transmission Company
Florida Gas Transmission Company, a subsidiary of Citrus Corp., operates an approximately 5,500-mile natural gas pipeline system extending from south Texas to south Florida with mainline capacity of approximately 3 billion cubic feet per day. Citrus Corp is 50 percent owned by Southern Union Company (NYSE:SUG) and 50 percent owned by El Paso Corporation (NYSE:EP).
About El Paso Corporation
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America’s largest interstate natural gas pipeline system, one of North America’s largest independent oil and natural gas producers and an emerging midstream business. For more information, visit www.elpaso.com.
About Southern Union Company
Southern Union Company, headquartered in Houston, is one of the nation’s leading diversified natural gas companies, engaged primarily in the transportation, storage, gathering, processing and distribution of natural gas. The company owns and operates one of the nation’s largest natural gas pipeline systems with more than 20,000 miles of gathering and transportation pipelines and one of North America’s largest liquefied natural gas import terminals, along with serving more than half a million natural gas end-user customers in Missouri and Massachusetts. For further information, visit www.sug.com.