News Release
March 31, 1998


Algonquin Gas Transmission Company, a subsidiary of Duke Energy Corporation, plans to construct an approximately 70-mile natural gas pipeline called Algonquin’s HubLineSM, expanding the company’s existing pipeline system to directly connect to several new and existing power generation loads in the Northeast.

The HubLine expansion facilities will interconnect with the proposed Maritimes & Northeast Pipeline system in Plaistow, New Hampshire extending in a southeasterly direction for approximately thirty-four miles to the coast. The proposed pipeline will travel under water along the eastern seaboard for about twenty-four miles, where it will interconnect with existing pipeline facilities and provide service to electric generation facilities in the Boston area.

HubLine, which is expected to be in service by November 2000, will be capable of providing 600,000 dekatherms per day of natural gas transportation to emerging gas-fired electric generation markets as well as other shippers looking to access the Algonquin system from the North.

"HubLine responds to the requirements of several new power generation projects in Eastern Massachusetts, as well as the emergence of new supply options from the North," said Robert B. Evans, President, Texas Eastern Transmission Corporation and Algonquin Gas Transmission Company. "Algonquin’s HubLine facilities will provide generators with high pressure delivery capability whether sourced through our traditional supply base or any of the new supply opportunities."

The proposed pipeline, to be built in the heart of New England’s expanding natural gas market, positions Duke Energy to meet the need for increased natural gas in an area where demand for gas-fired electric generation is increasing.

Duke Energy Corp. (NYSE:DUK) is a global energy company with more than $20 billion in assets. Duke Energy companies provide electric service to approximately 2 million customers; operate 37,000 miles of pipelines that deliver 12 percent of the natural gas consumed in the United States; and are leading marketers of electricity, natural gas and natural gas liquids. Globally, the companies develop, own and operate energy facilities and provide engineering, management, operating and environmental services. Contact Duke Energy on the World Wide Web at

Contact: Mary Alice Rogers
Phone: 704 382-8333
24 Hour Phone: 704 382-8333