Printer Friendly

FLORIDA GAS TRANSMISSION TO BUY PIPE FOR MAJOR PIPELINE EXPANSION

 HOUSTON, Feb. 2 /PRNewswire/ -- Citrus Corp.'s Florida Gas Transmission Company (FGT) today announced that it has signed letters of intent with five pipe manufacturers to purchase approximately 760 miles of steel pipe for its Phase III expansion. By this action, FGT will reserve mill space with the manufacturers for fabrication later this year of much of the large diameter pipe that will be required for the project.
 Purchase of the pipe will be contingent on FGT's receipt and acceptance of a final certificate from the Federal Energy Regulatory Commission (FERC) mental or business issues raised in FGT's application to construct the expansion," said William V. Allison, president of FGT and Citrus Corp. "We expect the FERC to issue its draft of the environmental impact statement in the near future, and we hope to receive the final certificate authorizing construction by late spring."
 Upon receipt and acceptance, FGT will issue purchase orders for the pipe and designate the times and locations for deliveries, Allison added. The project is expected to be completed and in service by the end of 1994.
 FGT has signed letters of intent with the following companies to provide steel pipe ranging in diameter from 26-inch to 36-inch:
 Company Miles
 N-I Tubulars 110
 (Representing Nippon Steel
 Corp. of Japan)
 Stelpipe 100
 (Welland, Ontario)
 Berg Steel Pipe Corp. 230
 (Panama City, Fla.)
 Bethlehem Steel Corp. 110
 (Steelton, Pa.)
 Napa Pipe Corp. 210
 (Napa, Calif.)
 TOTAL 760
 The total cost of the pipe from these five companies is approximately $220 million.
 "This is another significant step for our Phase III expansion," Allison said. "It is very important for us to be able to reserve space at the pipe rolling mills so that project construction will be able to proceed on schedule."
 The Phase III expansion will increase capacity of the FGT system by 530 million cubic feet per day (MMcf/d). When added to existing capacity of 925 MMcf/d, FGT will be transporting more than 1.4 billion cubic feet of natural gas per day to Florida.
 Florida Gas Transmission is a wholly owned subsidiary of Citrus Corp., which is jointly owned by an Enron Corp. subsidiary and Sonat Inc. Florida Gas Transmission is a 4,497-mile pipeline extending from South Texas to south of Miami.
 -0- 2/2/93
 /CONTACT: Diane Bazelides, 713-853-6285, or Rolf Utegaard, 407-875-5803, both of Enron Corp./


CO: Citrus Corp.; Florida Gas Transmission Co. ST: Texas IN: OIL SU:

PS -- NY047 -- 1795 02/02/93 11:07 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 2, 1993
Words:415
Previous Article:PARALLEL PETROLEUM ANNOUNCES 20 PERCENT INCREASE IN VOLUME OF PROVED OIL AND GAS RESERVES
Next Article:NIELSEN CONTINUES COMMITMENT TO RETAILERS THROUGH THE RETAIL EXCHANGE
Topics:


Related Articles
FLORIDA GAS TRANSMISSION SIGNS LONG-TERM TRANSPORTATION CONTRACTS FOR PHASE III EXPANSION
COASTAL'S PROPOSED 600-MILE PIPELINE SELECTED BY FLORIDA POWER
TEXAS EASTERN TRANSMISSION CORPORATION TO PROVIDE FIRM SERVICE TO FOUR NORTHEASTERN UTILITIES
TEXAS EASTERN TRANSMISSION CORPORATION TO PROVIDE FIRM SERVICE TO CNG TRANSMISSION
BETHLEHEM STEEL SUBSIDIARY RECEIVES ORDER FOR NEARLY 50,000 TONS OF PIPE FROM FLORIDA GAS TRANSMISSION COMPANY
TEXACO'S SABINE PIPE LINE COMPANY AND CNG TRANSMISSION CORPORATION TO OPEN NEW GAS MARKET CENTER IN THE NORTHEAST THIS SUMMER
NEWSREEL.
Top 10 lists.
Florida Gas awards pipeline expansion project.
Leading gas pipeline.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters