Arctic Air Leads to Record Sendouts for Piedmont Natural Gas for Second Year in a Row

Company delivers record single-day volume of natural gas on January 7, then again on January 8; cites ongoing pipeline delivery system investments as key to service reliability and stability.

News provided by

Piedmont Natural Gas

Jan 13, 2015, 08:45 ET

CHARLOTTE, N.C., Jan. 13, 2015 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced that it delivered record volumes of natural gas to its more than one million customers over two successive 24-hour periods last week during the winter period's first major outbreak of arctic air.

On January 7, 2015, Piedmont delivered a record 2,502,480 dekatherms to customers in the Company's three-state service area of North Carolina, South Carolina, and Tennessee. The new record sendout occurred one year from the date of Piedmont's previous record sendout set on January 7, 2014 and exceeded that day's sendout of 2,414,385 dekatherms by 3.6 percent. The next day, January 8, 2015, Piedmont delivered 2,546,205 dekatherms, eclipsing the one-day old record sendout by approximately 44,000 dekatherms or nearly 2 percent.

Thomas E. Skains, Piedmont's Chairman, President, and CEO, commented on the record sendouts, "As a result of last week's extremely cold temperatures across our entire three-state service area, Piedmont's pipeline distribution system experienced record customer demand for natural gas. As was the case last year, our employees and our system performed extremely well, delivering natural gas reliably and safely to our more than one million customers." Skains continued, "Our ability to provide safe and reliable natural gas service throughout last week's period of extremely cold temperatures is another indication of the value of our ongoing investments in our pipeline delivery system through our system expansion and pipeline integrity management programs."

About Piedmont Natural Gas

Piedmont Natural Gas is an energy services company primarily engaged in the distribution of natural gas to more than one million residential, commercial, industrial and power generation utility customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are wholesale customers. Our subsidiaries are invested in joint venture, energy-related businesses, including unregulated retail natural gas marketing, and regulated interstate natural gas transportation and storage, and regulated intrastate natural gas transportation businesses. More information about Piedmont Natural Gas is available on the Internet at http://www.piedmontng.com/.

SOURCE Piedmont Natural Gas