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AGL Resources Solicits Bids for Storage Capacity Becoming Available in 2006 at Jefferson Island Storage & Hub

Posted on: Tuesday, 18 October 2005, 15:00 CDT

Atlanta-based AGL Resources (NYSE:ATG) today announced that it is soliciting bids for firm and interruptible natural gas storage services that will be available in early 2006 at the company's Pivotal Energy Development (Pivotal) Jefferson Island Storage & Hub (JISH), a salt cavern storage facility in Louisiana.

JISH will have 300 million decatherm (MDth) of storage capacity available beginning January 1, 2006, and another 1,100 MDth available beginning April 1, 2006.

"We're opening the bidding process now for the capacity that will be available at JISH next year as a result of contracts expiring," said Dana Grams, senior vice president of Business Development at Pivotal, the AGL Resources' business unit responsible for managing the JISH assets.

Located near the Henry Hub at Erath, Louisiana in Vermillion and Iberia Parishes, JISH is a high-deliverability storage facility capable of multiple inventory cycles per year. The facility consists of two salt dome gas storage caverns with 10,000 MDth of total capacity, and about 7250 MDth of working gas capacity. Currently, JISH has 720 MDth per day (MDth/d) withdrawal capacity and 240 MDth/d injection capacity. Installation is nearing completion on the new 8,000 horsepower compressor, which will increase injection ability by 50 percent, to 360 MDth/d.

The JISH header system has interconnections with eight pipelines including direct access to the Henry Hub via Sabine Pipeline. JISH also is connected to Crosstex (Louisiana Intrastate Gas), Texas Gas Transmission, Columbia Gulf Transmission, Sea Robin Pipeline, Tennessee Gas Pipeline, Gulf South Pipeline and NGPL.

Interested parties wanting to learn more about JISH's capacity bidding process should contact Rob deCardenas at (832) 397-3881 (rdecarde@aglresources.com), Mary Lou Dale at (832) 397-3727 (mdale@aglresources.com) or Dana Grams at (832) 397-1726 (dgrams@aglresources.com). Information also is available on the JISH bulletin board located at http://www.gasnom.com/ip/jeffersonisland/.

About AGL Resources

AGL Resources (NYSE: ATG), an Atlanta-based energy services holding company, serves 2.3 million customers in six states through its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. A Fortune 1000 company that ranks number 46 in the Fortune gas and electric utilities sector, AGL Resources reported 2004 revenue of $1.8 billion and net income of $153 million. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the East and Midwest. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com.

Source: Business Wire

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