CenterPoint Holds Open Season

August 2010 Vol. 237 No. 8

CenterPoint Energy Gas Transmission Company (CEGT), an indirect, wholly owned interstate natural gas pipeline subsidiary of CenterPoint Energy, Inc. held a non-binding, three-week open season to gauge market interest in additional expansion of its 1.9 Bcf/d 42-inch Carthage to Perryville (Line CP) pipeline.

This expansion would support growing volumes of gas produced from the Haynesville shale for delivery into the Perryville Hub and to Carthage-area delivery points.

“Growing demand and expressions of interest due to prolific natural gas production volumes, as well as forecasts from the Haynesville area in north Louisiana and east Texas leads us to believe that there’s an opportunity to expand Line CP,” said Cy Zebot, senior vice president and chief commercial officer for CEGT. “Assuming adequate expressions of interest, we’re prepared to execute binding precedent agreements and seek necessary governmental authorizations to place expansion capacity into service as early as the fourth quarter of 2012.”