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National Fuel - Pipeline and Storage
National Fuel Gas Supply Corporation transports and stores natural gas for National Fuel's local distribution
area, as well as for utilities, pipelines and other companies in the
growing markets of the northeastern United States. Situated at the
"crossroads" of the pipeline network serving the northeast, this
subsidiary owns and operates a 3,241 mile pipeline network that extends
from southwestern Pennsylvania to the Canadian gateway at Niagara Falls.
It also owns and operates 30 underground natural gas storage areas and
is co-owner and operator of four others. Most of its operations are
regulated by the Federal Energy Regulatory Commission.
1996 At a Glance
- Operating income increases 7% to $72.9 million.
- FERC approval of our rate case and gathering system settlements sets the stage for operation in the newly competitive world.
Outlook
- Exploit our existing location between Canada and the East coast markets.
- Expand into new geographic areas through acquisitions and joint ventures.