NorAm Energy Services (NES), a subsidiary of Houston IndustriesTrading and Transportation Group, signed a three-year assetmanagement contract with Owensboro, KY-based Western Kentucky GasCo. The contract, effective July 1, entails about 60 Bcf/year offirm transportation, 8 Bcf of storage capacity and 26 Bcf/year ofgas supply, as well as citygate delivery asset management services.

Western Kentucky Gas distributes gas to about 180,000 customersin Kentucky. The company operates as a division of Dallas-basedAtmos Energy.

“Western Kentucky owns firm transportation and storage assetsthat are strategic to the NES asset value grid. We offer thetrading expertise to optimize these assets and create value for thecustomer,” said Charles Oglesby, HI Trading and Transportation CEO.NES added gas supply and asset management services to its portfolioin 1996.

NES operates as a subsidiary of Houston Industries Trading andTransportation, which provides transportation, gathering, tradingand risk management services. Parent company, Houston Industries isa diversified international energy company with 3.8 millionelectric and gas customers in the United States and ownershipinterests in international utilities serving nearly 8 millioncustomers. HI also provides unregulated retail energy services andinvests in the development of unregulated power generationprojects.

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