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Duke, Williams Near Closing on Gulfstream Purchase

Duke Energy and Williams Gas Pipeline are “pressing very hard”to wrap up their purchase of the proposed Gulfstream Natural GasSystem project, a 743-mile natural gas pipeline planned forFlorida, from The Coastal Corp. by the end of this week, accordingto a source close to the negotiations.

January 31, 2001

CA Approaching Long Road to Restructuring

California regulators are scheduled to wrap up the formaldata-gathering phase of their assessment of the state’s natural gasmarkets with an oral argument March 23 in San Francisco. Using thisdata and the record from formal hearings conducted earlier thisyear, the California Public Utilities Commission will establish alist of the most promising options for injecting more competitioninto the state’s natural gas business, beginning next year. Thehalf-day hearing will divide 19 major parties into two discussionpanels: one focused on customer issues and the other oncompetitors. The three utilities will be represented on bothpanels.

March 19, 1999