Alot of good advice here. Ill drop my pennies worth.
2600 watts/120VAC= 21.667 amp of power, however I would figure it at 2800 watts/120VAC for 23.334 amps, so no, in neither situation is your 20 amp breaker enough.
While you could probably get away with 12AWG wire, i'd recommend stepping it up to a minimum of 10AWG, and i'd NEVER in a million years use 14AWG to power even a single 1k watt ballast. 14AWG (in an SO cord) should be reserved, at best, for your lamp cord.
Its just not worth the risk of fire IMHO to skip on wire size. I personally use either 2 parallel 10's or single number 6's on each leg for my rooms, albeit a bit larger then yours, but not by much right now, and i'm only 30' max from my panel to my recepticles. Wires cheap compared to the expense of fire, not to mention dealing w/ popo after the fact.....Call around to electrical contractors, they probably have piles of short pieces of #10 flex lying around, you can score for cheap to nothing. Just tell them your wiring a big air compressor out in your garage or something.....
Edit: Note divide my W/V #'s by two to determine Amps at 240VAC.