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NiSource Inc.
NI · ARCX · Utilities Regulated Gas · United States
NiSource Inc. is one of the nation's largest fully regulated utility companies, serving nearly 4 million natural gas and electric customers across six states: Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. Operating primarily through its Gas Distribution Operations segment under the Columbia Gas brand, it provides natural gas service and transportation to residential, commercial, and industrial customers. The Electric Operations segment, managed by NIPSCO, handles the generation, transmission, and distribution of electricity in northern Indiana to approximately 500,000 customers, supported by more than 3,000 megawatts of generation capacity from coal, natural gas, and renewable sources. NiSource Inc. focuses on the modernization and replacement of utility infrastructure, alongside system expansions and regulatory initiatives, to deliver reliable energy solutions. Founded in 1987 and headquartered in Merrillville, Indiana, it plays a vital role in the regulated utilities sector, emphasizing stable energy distribution and infrastructure reliability.
Industry
Utilities Regulated Gas
Utilities sector · United States
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Supply Chain
Liquefied Natural Gas Supply Chain
The LNG supply chain moves natural gas from producing regions to importing countries by cooling it to -162°C for ocean transport, then reheating it for distribution through domestic pipeline networks to heat homes, generate electricity, and fuel industrial processes. The system is governed by three root constraints: liquefaction infrastructure that costs $10-20 billion per facility and takes five to seven years to build, regasification dependency that prevents importing countries from receiving LNG without their own terminal infrastructure regardless of global supply levels, and long-term contract structures requiring fifteen to twenty-year take-or-pay commitments that lock trade flows into rigid patterns that cannot quickly redirect when geopolitical or market conditions change.
Natural Gas Pipeline Supply Chain
The natural gas pipeline supply chain moves methane from production basins to homes, power plants, and factories through networks of buried steel pipes, compressor stations, and underground storage facilities. The system is governed by three root constraints: infrastructure irreversibility that locks specific producers to specific consumers for decades once a pipeline is built, compressor station physics that make pipeline capacity a function of the entire compression chain rather than pipe diameter alone, and storage geography mismatches where seasonal demand buffering depends on underground facilities whose locations were determined by geology rather than proximity to consumption centers.