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Georgia Gas Service Co history
Georgia Gas Service Co company history timeline
Construction began in 1973 on SCE&G's most costly project to date: its first nuclear power facility (operated by SCE&G and two-thirds owned by the company) and hydroelectric plant facility on a 7,000-acre artificial lake, close to the original atomic power facility.
In 1984 SCE&G merged with Carolina Energies, Inc. (CEI), a holding company with six subsidiaries, to form SCANA Corporation.
In June 1993 the company's oil and natural gas exploration subsidiary, SCANA Petroleum Resources, acquired NICOR Exploration and Production Company, significantly increasing SCANA's natural gas holdings in Texas and Louisiana, as well as expanding the company's production operations into Oklahoma.
1997: SCANA sells subsidiary SCANA Petroleum Resources to Kelley Oil.
Although the company's earnings suffered initially, by the beginning of the new century its shift in strategy was already paying off, and the company's Georgia operations enjoyed profits of $4.4 million for the year 2000.
Within three years, SCANA had become such a significant presence in Georgia that, in June 2002, the Georgia Public Service Commission voted unanimously to allow the company to become the official provider of regulated natural gas service to the state's low-income customers.
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