With natural gas as its standard bearer and its sights set on the energy-starved East Coast, KeySpan Corp. announced it is now 8% ahead of its 2001 goal to add $60 million to its gross profit margin through gas conversions on Long Island and the Boston area, and is on target to reach about 90% of the home heating market in the Long Island region within the next few years. The company is now involved in four pipeline projects, and has set a goal to deliver almost 1 Bcf/d to the eastern suburbs of New York City.
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KeySpan Readies Target Market With Gas Conversion Plan
With natural gas as its standard bearer and its sights set on the energy-starved East Coast, KeySpan Corp. announced it is now 8% ahead of its 2001 goal to add $60 million to its gross profit margin through gas conversions on Long Island and the Boston area, and is on target to reach about 90% of the home heating market in the Long Island region within the next few years. The company is now involved in four pipeline projects, and has set a goal to deliver almost 1 Bcf/d to the eastern suburbs of New York City.
August 21, 2001