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Atlanta Gas Light announces expansion of LNG facility in Cherokee County

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Atlanta Gas Light has announced the expansion of its liquefied natural gas (LNG) facility in Cherokee County, which will double its capacity. This project aims to meet increasing natural gas demand in the region, featuring a second storage tank to optimize supply during peak demand periods. Construction will be phased over three years, supporting the company's commitment to providing clean and reliable natural gas. This initiative aligns with the company’s Integrated Capacity Development Plan approved in November 2021.

Positive
  • Expansion of LNG facility will double capacity to meet increasing demand.
  • Installation of second tank enhances flexibility for gas storage during peak periods.
  • Supports Atlanta Gas Light's long-term strategic plan for customer service.
  • Strengthens supply reliability in a fast-growing region.
Negative
  • None.

Project designed to support increased growth in the county and surrounding region

ATLANTA, April 19, 2022 /PRNewswire/ -- Atlanta Gas Light today announced the expansion of its liquified natural gas (LNG) facility in Cherokee County. The project will double the facility's capacity and will allow the company to stay ahead of projected natural gas demands in this fast-growing region for years to come.

The project includes the installation of a second tank, which will allow Atlanta Gas Light to store gas when it is most affordable and then have access to that supply during periods of peak demand. Construction is currently underway and will be completed in phases over the next three years.

"LNG storage is a valuable asset for our system that affords us more flexibility to meet the increasing demand for natural gas from our customers," says Atlanta Gas Light President and CEO Pedro Cherry. "The project helps ensure our ability to provide clean, safe, reliable and affordable natural gas to the communities we serve when demand is at its highest."

Liquefied natural gas is natural gas that has been cooled to a liquid state, at about -260 degrees Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state in a natural gas pipeline. While stored as LNG, it's returned to its gaseous state, or regasified, for use by customers.

This facility is part of Atlanta Gas Light's first ever Integrated Capacity Development Plan (i-CDP), which was approved by the Georgia Public Service Commission in November 2021. The i-CDP provides insight into the company's long-range plans for initiatives that will enable it to meet increased demand and deliver superior customer service while continuing to serve the energy needs of the state safely and reliably.

For more information about Atlanta Gas Light, log on to our website or connect with us on Facebook, Instagram or Twitter.

About Atlanta Gas Light
Atlanta Gas Light is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Atlanta Gas Light provides natural gas delivery service to approximately 1.7 million customers in Georgia. In operation since 1856, the company is one of the oldest corporations in the state. For more information, visit atlantagaslight.com.

About Southern Company Gas
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.3 million natural gas customers through its regulated distribution companies in four states with approximately 666,000 retail customers through its companies that market natural gas. Other businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.

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SOURCE Atlanta Gas Light

FAQ

What is the purpose of Atlanta Gas Light's expansion of its LNG facility in Cherokee County?

The expansion aims to double the facility's capacity to meet increasing natural gas demand in the region.

When is the completion date for the LNG facility expansion?

The expansion construction will be completed in phases over the next three years.

What are the benefits of the new storage tank in Atlanta Gas Light's LNG facility?

The new tank will allow for storing gas at lower costs and provide access during peak demand periods.

How does the LNG expansion project align with Southern Company's strategic goals?

It supports the Integrated Capacity Development Plan approved in November 2021, ensuring reliable natural gas delivery.

What is the stock symbol for Southern Company?

The stock symbol for Southern Company is SO.

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