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2006 News Releases
Date: May 31, 2006
Gulfstream Announces Agreement
to Provide Additional Natural Gas Service to Progress Energy
TAMPA, Fla. - Gulfstream Natural Gas System, L.L.C., announced
today that it has executed an agreement with Progress Energy to
provide 155,000 dekatherms of natural gas per day of firm transportation
capacity to serve Progress's Bartow Power Plant in Pinellas County,
Fla.
The expansion project, known as Gulfstream's Phase IV Expansion,
is the first project to increase Gulfstream's original mainline
capacity. The project includes construction of approximately 17.5
miles of 20?inch diameter pipeline that will connect the existing
Gulfstream pipeline to the Bartow Power Plant. The project also
will require the installation of additional compression in Coden,
Ala., and Manatee County, Fla.
"This agreement represents a tremendous opportunity for Gulfstream
to be part of an important initiative to re-power the Bartow Power
Plant. Not only will this project increase the reliability of Florida's
existing energy infrastructure, it will also make a significant
contribution to the region's air quality by providing this plant
with cleaner-burning natural gas," said Brad Reese, Gulfstream
vice president.
In September 2005, Progress Energy announced its intent to convert
its Bartow Power Plant to use more efficient natural gas technology.
The changes are designed to more than double the facility's electric
output and reduce air emissions.
Placed into service in May 2002, Gulfstream Natural Gas System is
a 691-mile pipeline system with the capacity to deliver 1,095,000
dekatherms of natural gas each day to serve Florida's growing energy
needs. The pipeline is a joint development between Williams (NYSE:WMB)
and Duke Energy (NYSE:DUK). Additional information is available
on the Internet at www.gulfstreamgas.com.
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