AGL Resources
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AGL Resources | |
Type of Company | Public (NYSE: ATG) |
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Founded | |
Headquarters | |
Key people | John W. Somerhalder I, President and CEO |
Revenue | net income $193 million |
Website | www.aglresources.com |
AGL Resources, Inc. is a Fortune 1000, Forbes 2000 energy services holding company. Their principal business is distribution of natural gas in Florida, Georgia, Maryland, New Jersey, Tennessee and Virginia, providing gas for more than 2.2 million customers.
Distribution Operations
Six utility companies provide local gas distribution to more than 2.2 million customers in Georgia, New Jersey, Virginia, Florida, Tennessee and Maryland.
Atlanta Gas Light
Founded: 1856
Headquarters: Atlanta
President: Suzanne Sitherwood
Number of Customers: 1.5 million
Number of Communities Served: 243 throughout the state of Georgia
Web Address: http://www.atlantagaslight.com
Atlanta Gas Light is the largest natural gas distributor in the Southeast. It provides delivery service to more than 1.6 million residential, commercial and industrial customers in Georgia.
The natural gas market in Georgia is deregulated. Natural gas marketers compete to provide natural gas services to customers, creating a competitive market for the best in pricing and service plans. The marketers arrange the buying and selling of natural gas to residential and commercial customers, execute billing and oversee related customer service needs.
Atlanta Gas Light's current role in Georgia's deregulated environment includes:
Distributing natural gas for the marketers
Maintaining the gas system infrastructure, including responding to gas leaks
Performing meter reading for the marketers
Ensuring the safe, reliable delivery of natural gas to Georgia customers
Offering online customer information about natural gas and gas-fueled products
Chattanooga Gas
Founded: 1890
Headquarters: Chattanooga, Tennessee
President: Suzanne Sitherwood
Number of Customers: 61,000
Communities Served: Chattanooga, Cleveland, Red Bank, East Ridge, Lookout Mountain and Signal Mountain
Web Address: http://www.chattanoogagas.com
Chattanooga Gas provides retail natural gas sales and transportation services to approximately 62,000 customers in Hamilton and Bradley counties in Tennessee, and is responsible for delivering more than 20 billion cubic feet of natural gas per year.
In addition, the company performs these services:
Maintains the gas pipeline infrastructure
Responds to and repairs gas leaks
Sells natural gas service to residential, commercial and industrial customers
Offers customer service and bills customers for gas service
Offers online customer information about natural gas and gas-fueled products
Elizabethtown Gas
Founded: 1855
Headquarters: Union, New Jersey
President: Hank Linginfelter
Number of Customers: 266,000
Communities Served: Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties.
Web Address: http://www.elizabethtowngas.com
Elizabethtown Gas delivers service to more than 267,000 residential, business and industrial natural gas customers in New Jersey. The utility serves parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties. Services include:
Maintaining the gas pipeline infrastructure
Responding to and repairing gas leaks
Selling natural gas service to residential, commercial and industrial customers
Providing customer service and billing customers for gas service
Offering online customer information about natural gas and gas-fueled products
Elkton Gas
Founded: 1863
Headquarters: Elkton, Maryland
President: Hank Linginfelter
Number of Customers: 5,800
Communities Served: Elkton
Web Address: http://www.elktongas.com
Elkton Gas provides natural gas service to approximately 5,900 residential and commercial customers in the greater Elkton area of northeastern Maryland, near the Delaware border. Services include:
Maintaining the gas pipeline infrastructure
Responding to and repairing gas leaks
Selling natural gas service to residential, commercial and industrial customers
Providing customer service and billing customers for gas service
Offering online customer information about natural gas and gas-fueled products
Maintenance and repair of heating systems and appliances
Assistance in converting to natural gas from other fuels
Florida City Gas
Founded: 1946
Headquarters: Atlanta, Georgia
President: Suzanne Sitherwood
Number of Customers: 103,000
Communities Served: Miami-Dade, Brevard, Saint Lucie, Indian River, Martin and Palm Beach counties
Web Address: http://www.floridacitygas.com
Florida City Gas provides natural gas service to more than 104,000 residential, commercial and industrial customers along Florida's southeastern coast. Services include:
Maintaining the gas pipeline infrastructure
Responding to and repairing gas leaks
Selling natural gas service to residential, commercial and industrial customers
Providing customer service and billing customers for gas service
Offering online customer information about natural gas and gas-fueled products
Virginia Natural Gas
Founded: 1850
Headquarters: Norfolk, Virginia
President: Hank Linginfelter
Number of Customers: 261,000
Communities Served: Norfolk, Virginia Beach, Chesapeake, Suffolk, Hampton, Newport News, Williamsburg, and Hanover County.
Web Address: http://www.virginianaturalgas.com
Virginia Natural Gas provides natural gas service to more than 264,000 residential, commercial and industrial customers in the Hampton Roads area of southeastern Virginia. The company continues to be one of the fastest-growing natural gas distribution companies in the country. Services include:
Maintaining the gas pipeline infrastructure
Operating a 150-mile high-pressure intrastate pipeline originating in Quantico and terminating in Williamsburg, Virginia
Operating two propane storage and vaporization facilities and a Liquefied Natural Gas (LNG) facility located in James City County and Chesapeake to supplement natural gas supplies as needed
Responding to and repairing gas leaks
Selling natural gas service to residential, commercial and industrial customers
Providing customer service and billing customers for gas service
Offering online customer information about natural gas and gas-fueled products
Wholesale Services
Sequent Energy Management
Year Established: 2001
Headquarters: Houston, Texas
President: Douglas Schantz
Web Address: http://www.sequentenergy.com
Sequent Energy Management is the company's Houston-based subsidiary primarily involved in asset optimization and energy marketing and trading.
Sequent Energy Management provides clients in the eastern and southeastern United States smart and proven ways to optimize energy programs and increase cost effectiveness from wellhead to burner-tip. Sequent offers the ideal solution for large energy users looking to outsource their asset management activities.
Serving the needs of utilities, marketers, energy poolers, municipalities and industrials in the southern and eastern United States from Texas to New York, Sequent focuses primarily on asset management and the wholesale marketing, gathering and transporting of natural gas.
Energy Investments
Jefferson Island Storage & Hub
Location: Erath, Louisiana
Length: 16 miles of dual 16" pipelines that provide interchange capabilities for the facility's eight large capacity interconnections.
Capacity: 2 Caverns 9.4 BCF Total
Jefferson Island Storage & Hub (JISH) is a salt dome natural gas facility and is located near Erath, Louisiana (Vermillion and Iberia parishes). At JISH, two underground salt caverns are used to store gas before it is put into pipelines and sent to residential and commercial customers.
Liquefied Natural Gas (LNG)
AGL Resources owns and operates four LNG peak-shaving facilities, which supply gas at peak use times.
The largest, the Riverdale LNG plant in Riverdale, Ga., has storage capacity of 31,080,000 gallons or 2,560,000 million cubic feet (Mcf) of natural gas in its two tanks. Located south of Atlanta, the plant is supplied by two interstate pipelines for supply. It is connected to the Atlanta Gas Light (AGL) beltline pipeline system for distribution of gas to the Atlanta market. The plant is able to deliver 400,000 Mcf/day of gas during peak send-out.
The Cherokee LNG plant, located north of Atlanta in Ball Ground, Ga., has storage capacity of 25,242,957 gallons or 2,020,237 Mcf equivalent of natural gas in a single tank. The 934-acre site was designed to accommodate a second tank of equal capacity if warranted. This plant receives supply from three pipelines and can deliver an equivalent of 400,000 Mcf/day of peak send-out to AGL's Atlanta market.
AGL Resources also owns and operates an LNG plant in Macon, Ga. This plant's single tank storage capacity is 18,900,000 gallons or the equivalent of 1,501,983 Mcf. Although the plant is capable of delivering up to 150,000 Mcf/day, the pipeline system exiting the plant can accommodate a delivery of less than half that volume, of only 70,000 Mcf/day. Several options to capitalize on this plant's capabilities more effectively are under consideration.
In Tennessee, Chattanooga Gas, another AGL Resources subsidiary, receives peak day supplies from the company’s Chattanooga plant, which holds the equivalent of 1,186,035 Mcf. This facility is supplied by two pipelines and can deliver up to 90,000 Mcf/day to the Chattanooga Gas market.
AGL Resources, through Virginia Natural Gas (VNG), also owns some storage capacity — 752,174 Mcf equivalent — in the Columbia Natural Gas Company-operated Chesapeake LNG facility. This plant is located at the end of the Columbia pipeline that supplies VNG’s south system. To more fully utilize this contracted capacity, VNG constructed a LNG vaporization plant adjacent to its propane plant in 2002. This system is capable of adding up to 14,400 Mcf/day into the VNG system by trucking LNG from the Chesapeake plant to the vaporization plant.