Roanoke Gas relies on multiple interstate pipelines including those operated by
Columbia Gas Transmission Corporation, LLC and Columbia Gulf Transmission Corporation,
LLC (together “Columbia”), and East Tennessee Natural Gas, LLC (“East
Tennessee”), Tennessee Gas Pipeline, Midwestern Gas Transmission Company
and Saltville Gas Storage Company, LLC to transport natural gas from the production
and storage fields to Roanoke Gas’ distribution system. Roanoke Gas is directly
served by two pipelines, Columbia and East Tennessee. Columbia historically has
delivered approximately 60% of the Company’s gas supply, while East Tennessee
delivers the balance of the Company’s requirements. The rates paid for natural
gas transportation and storage services purchased from the interstate pipeline
companies are established by tariffs approved by the Federal Energy Regulatory
Commission ("FERC"). These tariffs contain flexible pricing provisions,
which, in some instances, authorize these transporters to reduce rates and charges
to meet price competition. The current pipeline contracts expire at various times
from 2018 to 2027. The Company anticipates being able to renew these contracts
or enter into other contracts to meet customers’ continued demand for natural
gas.
Rgc Resources Inc's Comment on Supply Chain
Roanoke Gas relies on multiple interstate pipelines including those operated by
Columbia Gas Transmission Corporation, LLC and Columbia Gulf Transmission Corporation,
LLC (together “Columbia”), and East Tennessee Natural Gas, LLC (“East
Tennessee”), Tennessee Gas Pipeline, Midwestern Gas Transmission Company
and Saltville Gas Storage Company, LLC to transport natural gas from the production
and storage fields to Roanoke Gas’ distribution system. Roanoke Gas is directly
served by two pipelines, Columbia and East Tennessee. Columbia historically has
delivered approximately 60% of the Company’s gas supply, while East Tennessee
delivers the balance of the Company’s requirements. The rates paid for natural
gas transportation and storage services purchased from the interstate pipeline
companies are established by tariffs approved by the Federal Energy Regulatory
Commission ("FERC"). These tariffs contain flexible pricing provisions,
which, in some instances, authorize these transporters to reduce rates and charges
to meet price competition. The current pipeline contracts expire at various times
from 2018 to 2027. The Company anticipates being able to renew these contracts
or enter into other contracts to meet customers’ continued demand for natural
gas.
Sources:
Rgc Resources Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
For your research, we’ve provided nine additional tables on Rgc Resources Inc ’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
