May 27, 2018 5:59 AM ET

Gas Utilities

Company Overview of National Grid Gas plc

Company Overview

National Grid Gas plc transmits and distributes gas in Great Britain. The company owns and operates regulated gas transmission network of approximately 7,660 kilometers of high pressure pipe and 24 compressor stations; and approximately 131,000 kilometers of gas distribution pipeline, as well as liquefied natural gas storage facilities in the United Kingdom. It transports gas from the gas national transmission system to approximately 10.9 million consumers on behalf of 39 shippers. The company also provides gas metering services, such as installation and maintenance services to energy suppliers in the regulated market; and delivers transactional services on behalf of various gas network tran...

One Strand

Floor 5

London,  WC2N 5EH

United Kingdom

Founded in 1986

1,925 Employees

Phone:

44 20 7004 300

Key Executives for National Grid Gas plc

Director of Operations
Head of Gas Distribution Strategic Partnerships
UK Chief Finance Officer and Director
Head of Customer Operations
Head of RIIO Delivery
Compensation as of Fiscal Year 2017.

National Grid Gas plc Key Developments

Williams Partners’ Transco Pipeline Seeks FERC Approval for Northeast Supply Enhancement Project to Serve Growing Demand for Natural Gas in Northeastern U.S

Williams Partners L.P. announced that Transco has filed an application with the Federal Energy Regulatory Commission (FERC) seeking authorization for its Northeast Supply Enhancement project, which would create 400,000 dekatherms per day of incremental firm transportation capacity to markets in the northeastern United States for the 2019/2020 winter heating season. Transco has executed precedent agreements with subsidiaries of National Grid – the distributor of natural gas in the northeastern U.S. – for firm transportation service under the project. Once complete, the project will help meet the growing natural gas demand in the Northeast, including the 1.8 million customers served by National Grid in Brooklyn, Queens, Staten Island and Long Island. Subject to approval by the Federal Energy Regulatory Commission, the Northeast Supply Enhancement project will consist of approximately 10 miles of 42-inch pipeline looping facilities, three miles of onshore 26-inch looping facilities, 23 miles of offshore 26-inch looping facilities, the addition of 21,902 horsepower at an existing compressor station; a new 32,000 horsepower compressor station; and related appurtenant facilities. The certificate application reflects an expected capital cost of $926.5 million and a target in-service date of Dec. 1, 2019. Consistent with Williams’ practice for financial planning, the capital cost and in-service target are further risked to $1.01 billion and May 2020.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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