Maritimes Applies for Compressor Station Expansion

Apr 16, 2001, 01:00 ET from Maritimes & Northeast Pipeline, L.L.C.

    BOSTON, April 16 /PRNewswire/ -- Maritimes & Northeast Pipeline, L.L.C.
 (Maritimes) has filed an application with the Federal Energy Regulatory
 Commission (FERC) to operate additional compression units at its existing
 compressor stations located in Richmond and Baileyville, Maine.  Maritimes and
 its Canadian affiliate transport natural gas from the Sable project located
 off the coast of Nova Scotia, Canada, to energy markets in Atlantic Canada and
 the northeastern United States.
     In the Northeast, demand for natural gas is increasing, due to both the
 new, efficient, gas-fired power plants recently completed and continued growth
 in residential consumption.  Additional compression on the Maritimes system
 will help meet this demand by providing additional supplies of natural gas to
 the Northeast, enhancing energy security, reliability and flexibility.
     "We understand the need to bring more natural gas to the Northeast, and we
 are responding to that need," said Tom O'Connor, president of M&N Management
 Company, the managing member of Maritimes.  "Maritimes has been operating at
 near full capacity.  With additional compression in Maine, we will be able to
 transport larger volumes of natural gas to help accommodate the growing market
 demand throughout the region."
     In its application to FERC, Maritimes is seeking to place into service on
 a full-time basis a standby compressor unit already installed at the Richmond
 compressor station.  In Baileyville, Maritimes is requesting to connect a
 spare compressor unit within the existing compressor station building and to
 construct, install and operate any necessary auxiliary facilities.  The
 project is expected to have minimal impact on existing facilities and the
 environment.
     Maritimes hopes to have additional compression available for existing
 shippers by mid-July, to meet the energy demands of the peak summer season.
 "Upon FERC approval of our application, we will be ready to move forward to
 quickly respond to our customers' energy needs this summer," said Bill Penney,
 senior vice president of M&N Management.
     In addition to the proposed expansion, Maritimes can economically expand
 its system to transport significant quantities of natural gas to Canada and
 U.S. markets.  "The initial Maritimes facilities were designed and constructed
 with an eye on the future," said O'Connor.  "As volumes expand, transportation
 rates will trend significantly lower thus increasing the competitiveness of
 our services in all markets and improving business for producers selling into
 these markets.
     "As production of new gas supply becomes available in eastern Canada,
 Maritimes is uniquely positioned to provide the necessary transportation in a
 timely manner with minimal impacts to the environment and communities along
 the route," he said.
     Maritimes is owned by affiliates of Duke Energy (NYSE:   DUK)
 (37.5 percent); Westcoast Energy, Inc. (37.5 percent); ExxonMobil (12.5
 percent); and Emera Inc. (12.5 percent).  For more information, contact
 Maritimes on the Internet at www.mnp-usa.com.
 
     Contact:  Marylee Hanley of Duke Energy Corporation, 617-560-1573, or
 24-Hour, 704-382-8333.
 
 

SOURCE Maritimes & Northeast Pipeline, L.L.C.
    BOSTON, April 16 /PRNewswire/ -- Maritimes & Northeast Pipeline, L.L.C.
 (Maritimes) has filed an application with the Federal Energy Regulatory
 Commission (FERC) to operate additional compression units at its existing
 compressor stations located in Richmond and Baileyville, Maine.  Maritimes and
 its Canadian affiliate transport natural gas from the Sable project located
 off the coast of Nova Scotia, Canada, to energy markets in Atlantic Canada and
 the northeastern United States.
     In the Northeast, demand for natural gas is increasing, due to both the
 new, efficient, gas-fired power plants recently completed and continued growth
 in residential consumption.  Additional compression on the Maritimes system
 will help meet this demand by providing additional supplies of natural gas to
 the Northeast, enhancing energy security, reliability and flexibility.
     "We understand the need to bring more natural gas to the Northeast, and we
 are responding to that need," said Tom O'Connor, president of M&N Management
 Company, the managing member of Maritimes.  "Maritimes has been operating at
 near full capacity.  With additional compression in Maine, we will be able to
 transport larger volumes of natural gas to help accommodate the growing market
 demand throughout the region."
     In its application to FERC, Maritimes is seeking to place into service on
 a full-time basis a standby compressor unit already installed at the Richmond
 compressor station.  In Baileyville, Maritimes is requesting to connect a
 spare compressor unit within the existing compressor station building and to
 construct, install and operate any necessary auxiliary facilities.  The
 project is expected to have minimal impact on existing facilities and the
 environment.
     Maritimes hopes to have additional compression available for existing
 shippers by mid-July, to meet the energy demands of the peak summer season.
 "Upon FERC approval of our application, we will be ready to move forward to
 quickly respond to our customers' energy needs this summer," said Bill Penney,
 senior vice president of M&N Management.
     In addition to the proposed expansion, Maritimes can economically expand
 its system to transport significant quantities of natural gas to Canada and
 U.S. markets.  "The initial Maritimes facilities were designed and constructed
 with an eye on the future," said O'Connor.  "As volumes expand, transportation
 rates will trend significantly lower thus increasing the competitiveness of
 our services in all markets and improving business for producers selling into
 these markets.
     "As production of new gas supply becomes available in eastern Canada,
 Maritimes is uniquely positioned to provide the necessary transportation in a
 timely manner with minimal impacts to the environment and communities along
 the route," he said.
     Maritimes is owned by affiliates of Duke Energy (NYSE:   DUK)
 (37.5 percent); Westcoast Energy, Inc. (37.5 percent); ExxonMobil (12.5
 percent); and Emera Inc. (12.5 percent).  For more information, contact
 Maritimes on the Internet at www.mnp-usa.com.
 
     Contact:  Marylee Hanley of Duke Energy Corporation, 617-560-1573, or
 24-Hour, 704-382-8333.
 
 SOURCE  Maritimes & Northeast Pipeline, L.L.C.