Dominion, a producer and transporter of energy has declared its intentions to commence the building of a big natural gas processing and separation facility besides the Ohio River in Natrium, W. Virginia.
The company has planned for the new facility in reaction to the growing demand for additional processing and fractionation capability in the area. Affected by the rise in the price of oil and the cheaper price of natural gas have prompted the producers to shift their drilling process to wet gas from dry gas to get the financial worth available for natural gas liquids.
The company has chosen PPG industries for the purchase of land and place the plant close to the Natrium facility of PPG in Marshall County; around 9 mi north of West Virginia located New Martinsville. The facility will be linked totheTL-404 pipeline of Dominion Transmission, a presently existing pipeline in West Virginia and Ohio lately modified to manage the use of wet gas.
In the first phase of the building process, the new construction will have facilities to handle 200 million cu. ft. of natural gas every day and separate 36,000 barrels of natural gas liquid. More than 90% of the work in the first phase is already contracted and the construction is expected to be put into service by December 2012.
According to Thomas F. Farrell II, Dominion’s President and Chief Executive Officer, on finalizing the present contracts the company plans to augment the Natrium facility to manage 59,000 barrels of natural gas liquids and 400 million cu. ft. of natural gas every day.
Source: http://www.dom.com/