Carolina Gas Transmission Conducting Open Season, Evaluating Market Interest in System Expansion
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COLUMBIA, SC (Feb. 27, 2007)
-- Carolina Gas Transmission (CGT), a wholly-owned subsidiary of SCANA Corporation (NYSE: SCG), is pleased to announce an open season to evaluate market interest in three areas of its business: increased capability of the existing system, continued diversification of supplies and new market expansion.

The open season began earlier today on the CGT website and will run through March 30. At the conclusion of the open season, the company will begin negotiating possible contracts with those parties having expressed interest during the open season. CGT has targeted Aug. 31 as its deadline for having all contracts executed.

CGT President and Chief Operating Officer Paul Fant said the open season is important to assessing the increasing supply needs of both existing customers and potential customers in new markets. “Whether it’s the result of plant expansions, economic development or residential growth, the gas supply needs of people and businesses in this region continue to grow,” he said.

“We are excited to participate in this growth. We believe that our conversion to open access, our competitive rate structure and our supply diversity will continue to support new growth projects.”

Fant said the open season will help the company determine where system expansion makes sense. In addressing supply diversification, he cites inquiries the company continues to receive from customers regarding access to additional LNG supplies from Elba Island, Ga. He said CGT is evaluating a project to make future Elba supplies more accessible to those customers.

Fant added that the priority and timing of all future expansion and supply diversification projects will be determined by the responses received from the marketplace -- from both existing and potentially new customers.

Customers interested in pursuing open season opportunities or learning more about the process should contact their account manager. Potential new customers should contact Gary Alexander at (803) 217-2131 or by e-mail at  

Headquartered in Columbia, S.C., SCANA Corporation is a $10 billion Fortune 500 energy-based holding company principally engaged, through subsidiaries, in regulated electric and natural gas utility operations and other non-regulated energy-related businesses. SCANA's subsidiaries serve approximately 623,000 electric customers in South Carolina and more than one million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA is available on the Company’s web site at  

Statements included in this press release which are not statements of historical fact are intended to be, and are hereby identified as, "forward-looking statements" for purposes of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning key earnings drivers, customer growth, environmental regulations and expenditures, leverage ratio, projections for pension fund contributions, financing activities, access to sources of capital, impacts of the adoption of new accounting rules, estimated construction and other expenditures and factors affecting the availability of synthetic fuel tax credits. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “predicts,” “potential” or “continue” or the negative of these terms or other similar terminology. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the following: (1) the information is of a preliminary nature and may be subject to further and/or continuing review and adjustment; (2) regulatory actions, particularly changes in rate regulation and environmental regulations; (3) current and future litigation; (4) changes in the economy, especially in areas served by subsidiaries of SCANA Corporation (SCANA, and together with its subsidiaries, the “Company”); (5) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial interruptible markets; (6) growth opportunities for the Company’s regulated and diversified subsidiaries; (7) the results of financing efforts; (8) changes in accounting principles and in the Company’s accounting policies; (9) weather conditions, especially in areas served by the Company’s subsidiaries; (10) payment by counterparties as and when due; (11) the availability of fuels such as coal, natural gas and enriched uranium used to produce electricity; the availability of purchased power and natural gas for distribution; the level and volatility of future market prices for such fuels and purchased power; and the ability to recover the costs for such fuels and purchased power; (12) performance of the Company's pension plan assets; (13) inflation; (14) compliance with regulations; and (15) the other risks and uncertainties described from time to time in the Company’s periodic reports filed with the United States Securities and Exchange Commission. The Company disclaims any obligation to update any forward-looking statements.