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2001 News Releases
Date: June 8, 2001
Gulfstream
Natural Gas System Pipe Shipment Arrives in Florida
HOUSTON - Gulfstream Natural Gas
System, L.L.C. has received the first shipment of pipe at Port
Manatee, Fla., for construction of its 753-mile natural gas
pipeline system. More than 18,000 tons of 36-inch diameter steel
pipe (23 miles) were delivered to the port where they will be
offloaded and moved to the concrete coating facility located at
the port.
The pipe, purchased from Berg Steel Pipe Corporation in Panama
City, Fla., arrived by ship from Dunkirk, France, after being
manufactured by Berg's parent company, Europipe. Seven more
shipments of pipe are scheduled to arrive at Port Manatee by
ship during the next two months. Each section of 36-inch
diameter pipe is approximately 40 feet in length and weighs
about eight tons. More than 150,000 tons of pipe have already
been delivered to a Gulfstream pipeyard near Mobile, Ala.
Gulfstream Natural Gas System, L.L.C. is a joint interstate
natural gas pipeline development of Williams (NYSE:WMB) and Duke
Energy (NYSE:DUK) approved by the Federal Energy Regulatory
Commission Feb. 22, 2001. The 753-mile pipeline project will
extend from Mississippi and Alabama across the Gulf of Mexico to
Florida. It is designed primarily to serve Florida utilities and
power-generation facilities that will use high-efficiency
natural gas turbines to meet the increasing demand for electric
energy. The project has an initial in-service date of June 2002.
Construction of the $1.6 billion pipeline project began
June 1.
More information about the Gulfstream Natural Gas System is
available by visiting the project web site at
www.gulfstreamgas.com.
Duke Energy, a diversified multinational energy company, creates
value for customers and shareholders through an integrated
network of energy assets and expertise. Duke Energy manages a
dynamic portfolio of natural gas and electric supply, delivery
and trading businesses - generating revenues of more than $49
billion in 2000. Duke Energy, headquartered in Charlotte, N.C.,
is a Fortune 100 company traded on the New York Stock Exchange
under the symbol DUK. More information about the company is
available on the Internet at: www.duke-energy.com.
Williams, through its subsidiaries, connects businesses to
energy, delivering innovative, reliable products and services.
Williams information is available at www.williams.com.
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