Four major U.S. companies – Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources – formed Atlantic Coast Pipeline LLC to build a $5 billion interstate natural gas pipeline.
The 564-mile Atlantic Coast Pipeline (ACP) will be capable of delivering up to 1.5 MMbcf/d of gas that will be used to generate electricity, heat homes and run local businesses in West Virginia, Virginia and North Carolina.
Construction plans call for 81 miles of pipeline construction in West Virginia, 287 miles in Virginia – including a lateral to Hampton Roads – and 196 miles in North Carolina. When completed, the permanent 75-foot pipeline easement, permanent aboveground facility sites and access roads will total about 5,185 acres.
Pending regulatory approval, construction is expected to begin in the second half of 2016, and the pipeline to be placed in service in late 2018.
Ownership stakes in Atlantic are: Dominion, 45%; Duke Energy, 40%; Piedmont, 10%; and AGL Resources, 5%. Utility subsidiaries and affiliates of all four companies plus PSNC Energy have signed on as customers of the pipeline.