Pipeline Power Partners and SNC-Lavalin to Design and Build Gas Compressor Station in New York State

Apr 27, 2001, 01:00 ET from Pipeline Power Partners, L.P.

    HOUSTON, CALGARY, April 27 /PRNewswire/ -- The joint venture between
 Pipeline Power Partners (PPP) and SNC-Lavalin Corporation (a wholly-owned
 subsidiary of SNC-Lavalin Group) is pleased to announce the signing of a
 contract with Central New York Oil and Gas Company to provide engineering,
 procurement and construction services in the commissioning of a natural gas
 storage compression facility and associated gas processing equipment to
 operate the Stagecoach Gas Storage Project in Tioga County, New York.  The
 project is expected to begin injection service in August 2001.
     This storage facility will provide up to 12 Bcf of much-needed gas storage
 capacity and deliverability to northeastern U.S. gas markets.  The project
 will have 25,000 horsepower of gas compression equipment and complete gas
 processing capabilities which will be able to inject up to 250 MMcfd and
 withdraw up to 500 MMcfd of natural gas.
     Central New York Oil and Gas Company is a wholly owned subsidiary of
 eCORP, a Houston-based developer of natural gas storage and energy facilities.
 John F. Thrash, President of eCORP, said:  "As demonstrated over the past
 several months, the Northeast gas markets, as well as markets elsewhere in the
 U.S., are in need of additional natural gas infrastructure elements such as
 high deliverability gas storage.  The Stagecoach Project surface facilities,
 being built by Pipeline Power Partners and SNC-Lavalin, will establish the
 standard for all of the additional gas storage projects that eCORP is
 developing throughout the United States.  Moreover, we believe that this type
 of development will set the standard for the industry as a whole, as well."
     "The Stagecoach Gas Storage Project will capitalize on our strengths and
 realize the benefits of electric-drive compression," said Harry Helton,
 President and Chief Executive Officer of Pipeline Power Partners.  "The high-
 speed electric-drive compressors are completely sealed, are environmentally
 friendly and minimize operating costs while maximizing operating flexibility
 required by gas storage operations."
     "The combination of SNC-Lavalin's leadership in the production,
 transportation, processing, upgrading and delivery of conventional energy
 resources, chemicals, petrochemicals and synthetic fuels, and Pipeline Power
 Partners' ability to deliver the optimum combination of technology and lowest
 life cycle costs has created an outstanding design and construction team that
 will set the standard for gas storage field operations in North America," said
 Dale Christensen, Senior Vice President and General Manager of SNC-Lavalin's
 Chemicals and Petroleum Business Unit.
     Pipeline Power Partners, L.P. is a Houston-based electric compression
 project developer that offers natural gas pipeline and gas storage operators a
 range of products and services, including fixed price, turnkey EPC products.
 PPP also finances electric compression installations, structures financial and
 electric power agreements to meet the financial and regulatory needs of its
 clients and offers a fully bundled compression services option for customers
 interested in outsourcing electric-drive compressor operations.
     SNC-Lavalin Group is one of the leading engineering and construction firms
 in the world and a key player in the ownership and management of
 infrastructure.  The group and its companies have offices across Canada and in
 30 other countries, and are currently working in some 100 countries.  The
 company is listed on the Toronto Stock Exchange (symbol: SNC).
 
     BACKGROUNDER
     The Central New York Oil and Gas Company, an operating company formed by
 eCorp, has signed a contract with Pipeline Power Partners (PPP) and SNC-
 Lavalin to provide engineering, procurement and construction services in the
 commissioning of a gas storage compression facility in Tioga County, New York,
 and to put in place the associated gas processing equipment needed to operate
 the Stagecoach Gas Storage Project.
     Some facts about the Stagecoach Gas Storage Project:
 
     -- The Central New York Oil and Gas Company has received authorization
        from the U.S. Federal Energy Regulatory Commission (FERC) to build, own
        and operate the 12 Bcf natural gas storage project.
     -- FERC approval in February, 2001 supports the projected in-service date
        of August 2001.
     -- The facility will provide gas storage capacity and deliverability to
        Northeast gas markets.
     -- The project will require 25,000 horsepower of gas compression and
        complete gas processing capabilities, capable of injecting 250 MMcfd
        and withdrawing up to 500 MMcfd under design conditions.
     -- The reservoir has been certified to operate at a maximum pressure of
        3,250 psig.
     -- The operating pressure, the reservoir geology and the use of eCorp's
        patented Salternatives technology will support this high injection and
        withdrawal capability.
     -- With the selection of gas compression technology, the project will use
        three 8,333 horsepower state-of-the-art HOFIM systems manufactured by
        Sulzer Turbosystems, Inc.
     -- These high speed electric-drive compressors are completely sealed and
        operate on magnetic bearings which serve to minimize operating costs
        while maximizing operating flexibility required by gas storage
        operations.
     -- PPP and SNC-Lavalin will complete the gas processing equipment design
        and selection.  These facilities will include slug interceptors, gas
        filter/separators, variable frequency drives, dehydration equipment and
        gas heaters/coolers with sufficient capacity to deliver up to 500 MMcfd
        of pipeline quality gas.
 
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SOURCE Pipeline Power Partners, L.P.
    HOUSTON, CALGARY, April 27 /PRNewswire/ -- The joint venture between
 Pipeline Power Partners (PPP) and SNC-Lavalin Corporation (a wholly-owned
 subsidiary of SNC-Lavalin Group) is pleased to announce the signing of a
 contract with Central New York Oil and Gas Company to provide engineering,
 procurement and construction services in the commissioning of a natural gas
 storage compression facility and associated gas processing equipment to
 operate the Stagecoach Gas Storage Project in Tioga County, New York.  The
 project is expected to begin injection service in August 2001.
     This storage facility will provide up to 12 Bcf of much-needed gas storage
 capacity and deliverability to northeastern U.S. gas markets.  The project
 will have 25,000 horsepower of gas compression equipment and complete gas
 processing capabilities which will be able to inject up to 250 MMcfd and
 withdraw up to 500 MMcfd of natural gas.
     Central New York Oil and Gas Company is a wholly owned subsidiary of
 eCORP, a Houston-based developer of natural gas storage and energy facilities.
 John F. Thrash, President of eCORP, said:  "As demonstrated over the past
 several months, the Northeast gas markets, as well as markets elsewhere in the
 U.S., are in need of additional natural gas infrastructure elements such as
 high deliverability gas storage.  The Stagecoach Project surface facilities,
 being built by Pipeline Power Partners and SNC-Lavalin, will establish the
 standard for all of the additional gas storage projects that eCORP is
 developing throughout the United States.  Moreover, we believe that this type
 of development will set the standard for the industry as a whole, as well."
     "The Stagecoach Gas Storage Project will capitalize on our strengths and
 realize the benefits of electric-drive compression," said Harry Helton,
 President and Chief Executive Officer of Pipeline Power Partners.  "The high-
 speed electric-drive compressors are completely sealed, are environmentally
 friendly and minimize operating costs while maximizing operating flexibility
 required by gas storage operations."
     "The combination of SNC-Lavalin's leadership in the production,
 transportation, processing, upgrading and delivery of conventional energy
 resources, chemicals, petrochemicals and synthetic fuels, and Pipeline Power
 Partners' ability to deliver the optimum combination of technology and lowest
 life cycle costs has created an outstanding design and construction team that
 will set the standard for gas storage field operations in North America," said
 Dale Christensen, Senior Vice President and General Manager of SNC-Lavalin's
 Chemicals and Petroleum Business Unit.
     Pipeline Power Partners, L.P. is a Houston-based electric compression
 project developer that offers natural gas pipeline and gas storage operators a
 range of products and services, including fixed price, turnkey EPC products.
 PPP also finances electric compression installations, structures financial and
 electric power agreements to meet the financial and regulatory needs of its
 clients and offers a fully bundled compression services option for customers
 interested in outsourcing electric-drive compressor operations.
     SNC-Lavalin Group is one of the leading engineering and construction firms
 in the world and a key player in the ownership and management of
 infrastructure.  The group and its companies have offices across Canada and in
 30 other countries, and are currently working in some 100 countries.  The
 company is listed on the Toronto Stock Exchange (symbol: SNC).
 
     BACKGROUNDER
     The Central New York Oil and Gas Company, an operating company formed by
 eCorp, has signed a contract with Pipeline Power Partners (PPP) and SNC-
 Lavalin to provide engineering, procurement and construction services in the
 commissioning of a gas storage compression facility in Tioga County, New York,
 and to put in place the associated gas processing equipment needed to operate
 the Stagecoach Gas Storage Project.
     Some facts about the Stagecoach Gas Storage Project:
 
     -- The Central New York Oil and Gas Company has received authorization
        from the U.S. Federal Energy Regulatory Commission (FERC) to build, own
        and operate the 12 Bcf natural gas storage project.
     -- FERC approval in February, 2001 supports the projected in-service date
        of August 2001.
     -- The facility will provide gas storage capacity and deliverability to
        Northeast gas markets.
     -- The project will require 25,000 horsepower of gas compression and
        complete gas processing capabilities, capable of injecting 250 MMcfd
        and withdrawing up to 500 MMcfd under design conditions.
     -- The reservoir has been certified to operate at a maximum pressure of
        3,250 psig.
     -- The operating pressure, the reservoir geology and the use of eCorp's
        patented Salternatives technology will support this high injection and
        withdrawal capability.
     -- With the selection of gas compression technology, the project will use
        three 8,333 horsepower state-of-the-art HOFIM systems manufactured by
        Sulzer Turbosystems, Inc.
     -- These high speed electric-drive compressors are completely sealed and
        operate on magnetic bearings which serve to minimize operating costs
        while maximizing operating flexibility required by gas storage
        operations.
     -- PPP and SNC-Lavalin will complete the gas processing equipment design
        and selection.  These facilities will include slug interceptors, gas
        filter/separators, variable frequency drives, dehydration equipment and
        gas heaters/coolers with sufficient capacity to deliver up to 500 MMcfd
        of pipeline quality gas.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X48094114
 
 SOURCE  Pipeline Power Partners, L.P.