Honeoye Storage Corp. is inviting offers for firm gas storage service from its storage facility in Ontario County, NY for the coming storage season. This storage service is being offered at market-based rates and interested parties should submit offers through Feb. 22 for service beginning on April 1, 2002 and ending on March 31, 2003.

“Up to 1,800 MDth of firm service is available for a contract term ending March 31, 2003.” said Honeoye President David Donohue. “Injections may begin as early as April 1, 2002, and the service will have a maximum daily injection rate of normal’>20,000 Dth/d. Two forms of service are offered: 120-day Service and 60-day Service. The 120-Day Service will consist of 1,200 MDth at an injection rate of 6,000 Dth/day and a withdrawal rate of 10,000 Dth/day. The 60-Day Service will consist of 600 MDth at an injection rate of 4,000 Dth/day and a withdrawal rate of 10,000 Dth/day. Honeoye will provide all required cushion gas. Full details of the offering are to be found at the website www.honeoye-gas-storage.com.

The Honeoye Field, located south of Rochester, NY, began operations in 1975 and five of its original customers, or their affiliates, continue to receive 4,293 MDth of service. The facility interconnects with the pipelines of both Tennessee Gas and New York State Gas and Electric. Customers committing to Honeoye firm service will need to make their own transportation arrangements to and from the Honeoye interconnections.

The Honeoye facility is owned by an affiliate of KeySpan Energy Corp., Consolidated Energy Company of New York, Inc, and its three developers: Dave Donohue, Dick Norman and Jacek Makowski.

For further information contact Jim Smoot, 585-229-5161, Email: jwsmoot@honeoyestorage.com or Richard A. Norman 617-367-0032, Email: rnorman@essexhydro.com

©Copyright 2002 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.