We’re excited about the natural gas business. We believe we’re the right company, with the right assets, and the right business plan to take advantage of the energy fundamentals driving the U.S. economy.
Our pipeline group owns and operates the nation’s most extensive interstate natural gas pipeline network, providing critical connectivity between production alley and growing population centers. We transport more than a quarter of the natural gas consumed in the country each day.
Our exploration and production company has a significant leasehold presence with a multi-year drilling inventory in key natural gas basins from the Gulf of Mexico to the Rockies.
We’re actively diversifying the country’s supply sources by providing access to liquefied natural gas–LNG. We own one of only four existing land-based North American LNG facilities, Elba Island, near Savannah, Georgia.
Pipelines
$1.2 B growth projects in 2008
$400 MM pipeline maintenance in 2008
Exploration & Production
$1.4 billion in domestic oil and gas capital
$310 MM for international
Storage & LNG
We operate more than 220 Bcf of total underground storage, representing more than 6% of the total in the U.S. Elba III expansion $1.1 billion capital investment, doubling the size of our LNG facility.
Pipelines