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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \JSTEPENO (Non-Privileged)\Deleted Items X-Origin: Stepenovitch-J X-FileName: JSTEPENO (Non-Privileged).pst Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW2028 OCT 26,2001 3:21 PACIFIC 06:21 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) First New Natural Gas Pipeline System to Serve Florida in Over 40 Years is Under Construction, in an Advisory by Industrialinfo.com Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Oct. 26, 2001--The following is an advisory by Industrialinfo.com (Industrial Information Resources, Inc., Houston, Texas). Gulfstream Natural Gas System L.L.C. (Houston) began construction on the 753 mile long Gulfstream pipeline in July of 2001. The pipeline originates near Pascagoula, Miss., and terminates in Palm Beach County, Fla. When completed the 753 mile natural gas transmission pipeline will consist of 431 miles of 36" diameter offshore pipeline and 306 miles of varying diameter (16" to 36") onshore pipeline mostly located in Florida. The massive pipe weighs eight tons per 40-foot section. The support facilities for this $1.6 billion venture include a natural gas processing plant and a 120,000 horsepower compressor station near Coden, Ala. Approximately 200 miles of the offshore portion have been laid by three lay barges and the compressor station was 17 percent complete as of Oct. 1, 2001. Similar progress has been made on the onshore portion in Florida. Once completed in June 2002, Gulfstream will be the largest pipeline in the Gulf of Mexico and will initially transport 1.1 billion cubic feet per day of natural gas to supply Florida's growing gas-fired electrical generation needs. This new pipeline will help satisfy Florida's need for 25 percent more electrical generation by 2007 and the 179 percent increase in demand for natural gas over the next decade. Gulfstream Natural Gas System L.L.C. is a joint energy development between Williams (NYSE:WMB) and Duke Energy (NYSE:DUK). Williams (Tulsa, Okla.) is a $32 billion energy company delivering 16 percent of all natural gas consumed in the U.S. through a network of over 27,000 miles of pipelines. Duke Energy (Charlotte, N.C.) is a diverse energy company with revenues of over $22 billion in 2000. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Oil & Gas Transmission industry as well as other industrial sectors send inquiries to oilandgastransmissiongroup@industrialinfo.com or visit us at www.iirenergy.com and www.industrialinfo.com. --30--HM/ho* CONTACT: Industrialinfo.com, Houston Joseph Govreau, 713/783-5147 KEYWORD: TEXAS FLORIDA NORTH CAROLINA OKLAHOMA MISSISSIPPI INDUSTRY KEYWORD: BUILDING/CONSTRUCTION CHEMICALS/PLASTICS ENERGY OIL/GAS UTILITIES SOURCE: Industrialinfo.com For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- © 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- © 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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