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Cross Bay Makes BU Affiliate Third Partner

August 10, 1998
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Cross Bay Makes BU Affiliate Third Partner

Cross Bay Pipeline partners the Williams Companies and Duke Energy signed up KeySpan Energy Development as a third partner in the project to move gas from interstate pipes in New Jersey to New York City and Long Island. The project will make use of existing pipes operated by Duke's Texas Eastern Transmission (TETCO) and Williams' Transcontinental Gas Pipe Lines (Transco). KeySpan is a subsidiary of MarketSpan Corp., which is the parent of LDC Brooklyn Union.

In the first stage of development, expected to cost $45 million, the Cross Bay group will build new compression and expand current pipes to transport an additional 125 MMcf/d to New York City and Long Island. Operation of the new system is scheduled to begin in November 2000, serving customers on the Brooklyn Union and Consolidated Edison distribution systems. To meet future regional demand, Cross Bay may be expanded to carry up to 700 MMcf/d. An open season is planned for this month for firm capacity. A FERC filing is expected in November. The project was announced by Duke and Williams in January (see Daily and Weekly NGI, January 26, 1998).

"Adding MarketSpan to the Cross Bay pipeline group will help ensure that this project is well positioned to satisfy the future needs of New York and Long Island - two dynamic gas markets," said Cuba Wadlington Jr., Transco senior vice president.

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