The journal. (Caldwell, Ohio) 1934-1961, 1953-12-31

4 IL
IL billion cubic feet of natural g
delivering the gas in the winter
at maximum rate of 1873, 500
NICE of gas per day and receiv-
ing redelivery from Transcon-
tinental during the summer
months. Transcontinental has
agreements covering a 20-vear
period with seven of its custom
er companies in the New York.
New Jersey, and Philadelphia
areas, providing for redelivery
to such companies under identi-
cal terms as the Texas Eastern
Transcontinental contract.
Presidential customers Of the
participating distributing COM
panies will benefit substantially
from the proposed program be-
cause it will make available to
them for winter space heating
large volumes of gas which 9TH
erWise would have been consum-
ed in the summer months as
boiler fuel and for other indus
trial purposes" Mr.. Hargrove
said.
Mr.. Hargrove emphasized that
these agreements will permit
greater use by Texas Eastern of
its interest in the Oakford Stor-
age pool and make no new de-
mandS on Texas Eastern's gas
supplies or reserves. He pointed
out that under this plan Gus
toner companies will purchase
summer gas already contracted
to them by Transcontinental un-
der existing service agreements,
and the customer companies will
make that gas available for sum-
mer delivery into storage bv
Texas Eastern. In the winter
time that gas will be withdrawn
from storage by Texas Eastern,
delivered to Transcontinental
and then delivered to the Gus
toner companies with maximum
daily volumes as follow: Public
Service Electric and Gas Com
pany, $4,000 MCF; Philadelphia
Electric Company, 10000 MCF;
Brooklyn Union Gas Company,
$4,000 MCF; Elizabethtown Con
solidated Gas Company, 1000
MCF; Philadelphia Gas Works,
Division of The United Gas I'm
provement, Inc, 5000 MCF;
South Jersey Gas Company,
1,500 MCF; Delaware Power &
Light Company, 1000 MCF.
To perform the service, the
wholly owned subsidiary, Texas
Eastern Penn-Jersey Transmits
sion Corporation, plans to con-
struct and complete in time for
operation in the Fall of 1854
new pipeline system at a total
cost estimated at approximately
$31,0O0,000, including 265 miles
of 24-inch pipeline extending
from the Oakford Storage Field
in western Pennsylvania to the
parent company's compressor
station No. 26 near Lambertville,
New Jersey. That application
calls for construction of one
$500 horsepower compressor
station on the 24-inch line near
the Oakford Storage Field and
other necessary installations and
measuring stations on the sys-
tenn, all of which will be leased
to, and operated by, Texas East
err Transmission Corporation.
"By the construction of addi- |
tional compressor stations, the
24-inch line, moreover, may we'll
afford an opportunity later on I
for increasing deliveries substan-
tally to these rapidly expanding
markets." Mr.. Hargrove said.
The applications by Texas |
Eastern Transmission Corpora
ton and the Penn-Jersey sub
Sidiary provide also for increas-
ing peak day sales at Philadel-
phia Gas Works, Division of The
United Gas Improvement, Inc,
from $4,000 MCF to 110,852 MCF
and for increasing the quantities
of gas deliverable on any day to
the Manufacturers Light & Heat
Company and the Ohio Fuel Gas
Company in Texas Eastern's
Rate Zone D from $4,000 MCF to
100000 MCF. Texas Eastern's
total obligation to deliver to
these companies on an annual
basis is not increased in these