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Date: Wed, 12 Jul 2000 07:52:00 -0700 (PDT)
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Subject: FERC Approves Independence and SupplyLink - Chicago to Leidy Hub
 Project
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News : FERC Approves Independence, SupplyLink Projects 
2:00 PM (CST) Jul 12, 2000
 
After submitting proof of market need in the form of newly signed precedent 
agreements 
for firm transportation capacity, the highly contested Independence Pipeline 
and related 
SupplyLink pipeline projects were approved by FERC this morning. The two 
projects 
have been pending at FERC for more than three years.

The FERC decision paves the way for more than 900 MMcf/d of new natural gas 
transportation capacity to be built between Chicago and the Leidy Hub in 
Pennsylvania. 
The "tentative" in-service date for the projects is November 2002. Their 
downstream 
partner, MarketLink, which was approved by FERC in April, is expected to be 
operating 
a year earlier, a Williams Cos. spokesman said.  Williams, Coastal, and 
National 
Fuel are sponsoring the three pipeline projects, which together represent an 
investment 
of about $1.5 billion.

The Commission approved the "greenfield" Independence project over 
significant 
opposition from landowners in Ohio and Pennsylvania, who recently said they 
were not 
convinced the new precedent agreements provided "sufficient evidence" of 
market 
support .  The agreements met FERC's requirement for the projects to have at 
least 35% 
of their total capacity subscribed by non-affiliates by June 26. 
  
 