MarketLink Shippers

Transco filed service agreements with the FERC for MarketLink (Leidy - Zone
6) yesterday. The project will start in two phases. The shippers and phases
are as follows:

Phase I (11/1/01 start)

Aquila Energy Marketing 25,000 Dthd
Consolidated Edison 30,000
ConEdison Energy 10,000
St. Lawrence Cement 1,000
Williams Energy Marketing 100,000

Total Phase I 166,000 Dthd

Phase II (11/1/02)

Virginia Power Energy Marketing 100,000 Dthd
PPL Energy Plus 30,000

Total Phase II 130,000 Dthd

Transco says that the remainder of the FERC-approved 700,000 Dthd project
will be phased in by 11/1/04.
The first phase will start construction in 4/01 and involves looping 30 miles
of pipe in Pennsylvannia and 30 miles of pipe in New Jersey at a cost of $123
MM. The second phase will cost $119 MM. I will let you know the primary
delivery points of the shipper's capacity when I see the filing.