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Gold/Mining/Energy : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?

To: General Crude who wrote (789)	5/4/1999 2:36:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 4686

Pipelines from Alabama to South Florida for natural gas. The Coastal mentioned in the article is not CCO. Looks like the pipeline will cross the Coastal Petroleum leaseholdings <G>. GULF OF MEXICO Jennifer E. Smith Houston The approximate route of Coastal's new Gulfstream Natural Gas System and Williams' new Buccaneer pipeline system, from Mobile Bay, Alabama to Florida. The exact routes of these pipelines are pending an open season and a regulatory approvals process. [8,431 bytes] U. S. Gulf rig utilization [59,893 bytes] New US Gulf pipeline plan well supported Two pipeline operators are competing to build marine natural gas pipelines tapping Mobile Bay and eastern Gulf of Mexico supplies in order to south Florida: Coastal announced it will develop a major new natural gas pipeline system to serve Florida's growing energy needs. The pipeline will begin around Mobile Bay, Alabama, and travel southeast to West Palm Beach on the east coast of Florida. The Gulfstream Natural Gas System will stretch 700 miles once complete. Coastal said that nine customers have executed letters providing enough of a volume commitment to proceed with development, but it also held an open season March 15-29 for other parties to express interest. Gulfstream will meet with local and state officials, environmental groups, various state agencies, and other stakeholders about the route of the pipeline and technical details. It will file a plan with the Federal Energy Regulatory Commission during the third quarter of this year. The targeted in-service date of the pipeline will be June 2002. Williams subsidiary Buccaneer Gas Pipeline also plans to create a new natural gas pipeline system to transport gas from Alabama to Florida. The Buccaneer Pipeline, envisaged as a 36-in. line, will extend 420 miles from Mobile Bay, Ala., to hit land in western Florida. It will further extend about 250 miles to serve the center of the state. An open season for the proposed pipeline will run March 4-April 8. Williams soon will conduct preliminary surveys on public and private properties to determine the feasibility of potential routes. Williams has identified 14 potential delivery points in Pasco, Polk, Osceloa, Orange, Lake, Seminole, Volusia, Brevard and Bay counties, Florida. Williams will meet with local communities to consult on the route. It will apply to the Federal Energy Regulatory Commission in the third quarter. The target in-service date is 2002. The Florida Reliability Coordinating Council last year said Florida will need more than 10,000 additional megawatts of power generation capacity by 2007, translating to 1.5 Bcf/d of gas.