(RTTNews) - Centerpoint Energy Inc. (CNP: News ) said that its indirect wholly-owned pipeline subsidiary has signed a joint development agreement with NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. (FPL: News ) to explore the construction of a pipeline in north Louisiana to transport natural gas from the expanding Haynesville Shale area.

The capacity of the potential new pipeline would be up to 2.0 billion cubic feet per day and would connect Haynesville Shale natural gas production to markets in north Louisiana and CenterPoint Energy's Perryville Hub.
An upcoming open season will be held to gauge market interest in the proposed new pipeline, the company noted.

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by RTT Staff Writer

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