Mar 3 · 11:49:00 AM · Source: Company Press Release

El Paso Corporation (NYSE: EP) announces that its subsidiaries, Southern LNG, Inc. and Elba Express Company, L.L.C., have placed in service two significant projects, the expansion of the Elba Island LNG receiving terminal near Savannah, Georgia and the new Elba Express Pipeline in eastern Georgia, respectively. "These two projects represent approximately $900 million of capital investment in critical new natural gas infrastructure which will be used to meet the needs of consumers and provide new sources of natural gas for the growing southeastern and eastern U.S. markets," said Norman Holmes, senior vice president and chief commercial officer for both Southern LNG and Elba Express.
The company says it owns North America's largest interstate natural gas pipeline system and one of North America's largest independent natural gas producers.

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by Jeffrey Epstein