"Dominion Cove Point is a world-class natural gas import facility with ready access to both the customers and storage areas that make up the world's largest natural gas market," said Thomas F. Farrell II, Dominion's chairman, CEO and president. "We are proud to complete this expansion and provide the Northeast and Mid-Atlantic market access to new natural gas supplies from around the world."

New facilities include:

    --  Two LNG storage tanks, each capable of holding 160,000 cubic meters of
        LNG, or approximately 3.4 Bcfe of natural gas each;
    --  Increased vaporization and associated station facilities adding 800,000
        Dth per day to output capacity;
    --  An 81-mile, 24-inch pipeline in central Pennsylvania and associated
        facilities that allow imported natural gas to be transported to key
        Northeast natural gas markets;
    --  A 48-mile, 36-inch diameter natural gas pipeline loop in Maryland that
        increases pipeline capacity from the plant;
    --  Two new compressor stations in Pennsylvania near Perulack and State
        College;

    --  Various natural gas storage facilities and pipelines that move natural
        gas to the Dominion South Point market hub, other interstate pipelines
        and the interconnection with Transcontinental Gas Pipeline known as
        Leidy in Clinton County, Pennsylvania.

A subsidiary of StatoilHydro ASA has contracted for all the new capacity, including firm transportation and storage services in Pennsylvania. The previously existing capacity was already under contract.

Although pipeline construction is now complete, property restoration will continue. Dominion also will continue to monitor restored land along the pipeline route until it has been returned to its original condition or better.

Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of more than 27,000 megawatts of generation, 1.2 trillion cubic feet equivalent of proved natural gas reserves, 14,000 miles of natural gas transmission, gathering and storage pipeline and 6,000 miles of electric transmission lines. Dominion operates the nation's largest natural gas storage facility with 975 billion cubic feet of storage capacity and serves retail energy customers in 12 states.