Newsreel

摘要

NiSource Gas Transmission & Storage's (NGT&S) Columbia Gas Transmission (Columbia) reached a customer settlement that provides for Columbia to modernize its natural gas pipeline infrastructure under a program that will initially span the next five years, with provisions for potential extensions thereafter. The settlement filed last month with the Federal Energy Regulatory Commission (FERC) includes a base rate reduction for customers and an investment recovery agreement. Columbia has asked that the settlement be approved prior to the end of 2012. "Heeding the President's Executive Order and efforts by the Department of Transportation, we have developed a comprehensive and long-term infrastructure investment plan that ensures safe and reliable transportation of natural gas for decades to come," said Jimmy Staton, NGT&S CEO.