Cove Point LNG Open Season

---------------------- Forwarded by Judy Townsend/HOU/ECT on 02/28/2000 05:24
PM ---------------------------

Enron North America Corp.

From: Rebecca W Cantrell 02/16/2000 02:52 PM

To: John Hodge/Corp/Enron@ENRON, Judy Townsend/HOU/ECT@ECT, Katherine L
Kelly/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Paul Tate/HOU/EES@EES, Robert
Superty/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT, Kevin
Beasley/Corp/Enron@Enron
cc:
Subject: Cove Point LNG Open Season

FYI -- Press Release received this morning:

Cove Point LNG to Begin Open Season Process For Capacity at its LNG Receiving
Terminal
?
02/16/2000
PR Newswire
(Copyright © 2000, PR Newswire)

HERNDON, Va, Feb. 16 /PRNewswire/ -- Cove Point LNG Limited Partnership, a
subsidiary of Columbia Energy Group, announced today that it will conduct an
open season from February 16 to March 16, 2000, for a firm LNG tanker
discharging service at its Cove Point LNG terminal. The new service will
include the unloading of LNG from tankers, LNG storage, vaporization, and
delivery of natural gas to points along Cove Point's existing pipeline.

Cove Point LNG is offering 750,000 dekatherms per day of deliverability and
4.25 billion cubic feet (Bcf) of vapor equivalent storage capacity initially.
The service includes a proposed expansion of the available storage capacity
to 6.75 Bcf approximately one year after the start-up of the LNG receiving
operations. Pending approval by the Federal Energy Regulatory Commission,
Cove Point LNG plans to begin the LNG tanker discharging service by late
2001.

Located in Lusby, Md., the Cove Point LNG terminal includes liquefied natural
gas storage and terminal operations, and an 87-mile natural gas pipeline that
connects with gas pipelines in Northern Virginia. The terminal has installed
send-out capacity of 1 Bcf of gas per day. With the proposed storage
expansion, total LNG storage at Cove Point will be 7.5 Bcf of vapor
equivalent natural gas. The Cove Point LNG terminal currently provides "peak
shaving" services to customers in the mid-Atlantic and Southeastern regions.

Columbia Energy Group, based in Herndon, Va., is one of the nation's leading
energy services companies, with assets of approximately $7 billion. Its
operating companies engage in virtually all phases of the natural gas
business, including exploration and production, transmission, storage and
distribution, as well as retail energy marketing, propane and petroleum
product sales, and electric power generation. Information about Columbia
Energy Group (NYSE: CG) is available on the Internet at
www.columbiaenergygroup.com.

This press release contains "forward looking statements" within the meaning
of the Federal securities laws, including statements concerning, on a
consolidated, segment or subsidiary basis, Columbia's plans, objectives and
expected performance. There can be no assurance that actual results will not
differ materially due to various factors, many of which are beyond the
control of Columbia, including, but not limited to, the regulatory approval
process, competition, weather, supply and demand for natural gas, and changes
in general economic conditions.

/CONTACT: Media: Michael J. McGarry, 703-561-6063; or Financial: Thomas L.
Hughes, 703-561-6001; both of Columbia Energy Group/ 10:00 EST