News Release
Oct. 24, 2001

DUKE ENERGY FIELD SERVICES PARTNERS WITH EPA IN NATURAL GAS STAR PROGRAM

DENVER – Duke Energy Field Services (DEFS) has become a partner in the U.S. Environmental Protection Agency’s Natural Gas STAR Program. The voluntary program between the agency and the natural gas industry promotes the reduction of methane emissions by encouraging the use of cost-effective technologies and practices that enhance safety and efficiency while protecting the environment.

Natural Gas STAR Program Manager Carrie Henderson notes that "Natural Gas STAR shows how successful a voluntary, market-based approach to addressing concerns about global climate change can be. The EPA is excited to be working with Duke Energy Field Services to meet these important economic and environmental goals."

Launched in 1993 as part of the U.S. Climate Change Action Plan, the Natural Gas STAR cooperative partnership now has more than 90 partner companies and is endorsed by 11 major industry trade associations. STAR partners have reduced the emissions more than 176 billion cubic feet of methane to our atmosphere, which is the equivalent of removing nearly 15 million cars from the road for one year. For more information about Natural Gas STAR, visit www.epa.gov/gasstar.

DEFS was engaged in advancing the science of emissions reductions prior to becoming a partner. It provided a natural gas processing plant as one of four sites used for a joint EPA-Gas Technology Institute (GTI) study of methane reduction opportunities.

"Contributing to identification of cost-effective emissions reduction opportunities is a win-win situation for us," said Bill Prentice, vice president and chief technical officer, "Those ideas can now be shared with the EPA and others seeking ways to improve the environmental performance of natural gas operations." A summary of the study findings will be presented at the 8th Annual Implementation Workshop, Oct. 23 - 25 in Houston where DEFS will be welcomed as a Natural Gas Star partner.

"Duke Energy’s strength is developing solutions that balance energy, environment and community interests," said Jim Hendricks, Duke Energy’s vice president of corporate environment, health and safety. "We believe that the voluntary, cost-effective opportunities identified by the Natural Gas Star Program extend our enterprise-wide efforts to reduce greenhouse gas emissions in ways that achieve that balance."

DEFS is a premier North American midstream energy company that leads or is among the nation’s leaders in the gathering, processing, transportation, marketing, and storage of natural gas and the production, transportation, and marketing of natural gas liquids (NGLs). DEFS has 2,600 employees and operates in 11 states across five of the largest natural gas producing regions in North America, extending from western Canada to the Gulf Coast. The Denver-based company owns and operates 65 plants, 57,000 miles of pipeline and had revenues of $9.1 billion and assets of $6.1 billion in 2000. Duke Energy owns approximately 70 percent of the joint venture with Phillips Petroleum owning the remaining percentage. More information is available about the company at http://www.defs.com.

Duke Energy, a diversified multinational energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of more than $49 billion in 2000. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com.

Contact: Tom Long
Phone: (303)605-1731
24 Hour Phone: (704)382-8333
Email: telong@duke-energy.com