OVERVIEW
Boardwalk Pipeline Partners, LP (NYSE: BWP) is a master limited partnership engaged through its subsidiaries in the interstate transportation and storage of natural gas. Our system extends along the Gulf Coast up to the Midwest.
Boardwalk has two existing subsidiaries:
Gulf South Pipeline is a “web-like” system that gathers gas from basins between Texas and Alabama and delivers it to on-system markets within its footprint and to off-system markets in the Northeast and Southeast through interconnections with third-party pipelines.
Texas Gas Transmission is a traditional “long-haul” pipeline that moves gas from Gulf Coast supply areas to more distant on-system markets in the Midwest and to off-system markets in the Northeast via interconnections with third-party pipelines.
We have also formed a third subsidiary, Gulf Crossing Pipeline Company LLC, to operate the new Gulf Crossing interstate pipeline scheduled for completion by the first quarter of 2009.
Boardwalk's system has approximately 13,660 miles of pipeline, carrying 3.6 billion cubic feet (Bcf) of gas per day, and underground storage fields with aggregate working gas capacity of approximately 155 Bcf. To put these numbers into perspective, our pipelines carry approximately 6% of the nation’s average daily consumption of natural gas. Our storage facilities can supply the nation’s gas needs for approximately 2.5 days, again assuming the average daily consumption of natural gas.
PDF Version
