HOUSTON - A subsidiary of CenterPoint Energy Inc. has agreed to transport natural gas for a subsidiary of Chesapeake Energy Corp.
CenterPoint Energy Gas Transmission Co., the interstate natural gas pipeline subsidiary of Houston-based CenterPoint Energy, will move the Haynesville shale natural gas production of Chesapeake Energy Marketing Inc., a subsidiary of Oklahoma City-based Chesapeake Energy.
The companies entered into two separate agreements to move gas to CenterPoint Energy Gas' Perryville Hub in northern Louisiana and from there to Carthage, Texas. CenterPoint owns and operates a 1.6 billion cubic feet per day pipeline between the two areas.
A 27-month backhaul agreement provides for gas volumes to ramp up to 500 million cubic feet per day of firm transportation capacity, with initial gas flows beginning April 1.
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