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Texas Gas Transmission Announces Open Season; Pipeline Evaluating Demand for Additional Storage Services

Posted on: Tuesday, 29 November 2005, 12:00 CST

Texas Gas Transmission, LLC, has announced a non-binding open season for firm storage service (FSS) and no-notice service (NNS).

On Nov. 1, 2005, Texas Gas placed in-service the 8.2 TBtu storage expansion at its Midland, Ky., storage field. Commercial Services Vice President Kathy Kirk said customers continue to show an interest in additional market area storage capacity.

"Market area storage is attractive to the marketplace and we believe our Kentucky storage fields can be expanded to meet some of the growing demand for storage services," Kirk said.

Texas Gas is proposing to drill additional wells and install compression to provide up to 90,000 Dth per day of daily deliverability and up to 6.75 TBtu of seasonal capacity. The proposed in service date for this expansion project is Nov. 1, 2007.

The open season for NNS and FSS begins 8 a.m. CST, Tuesday, Nov. 29, 2005, and ends 5 p.m. CST, Friday, Dec. 16, 2005. Complete details and supporting documents are available on the company's GasQuest(C) Web site at www.gasquest.txgt.com. For more information about participating in the open season, contact these Texas Gas employees:

-- Kathy Kirk, vice president commercial services (270) 688-6900 -- David Moseley, manager marketing services (270) 688-6818 -- Phil Iracane, manager northeast markets (713) 544-6039 -- Jim Martin, project manager business development (270) 688-6927

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws relating to expectations, plans or prospects for Boardwalk and its subsidiaries, including those relating to whether or not Texas Gas will expand its market area storage. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the company's control and the risk factors and other cautionary statements discussed in Boardwalk's and Texas Gas' Form 10-Ks for the year ended December 31, 2004 and other filings with the U.S. Securities and Exchange Commission.

Texas Gas Transmission, LLC owns and operates a 5,900-mile pipeline that provides storage services and transports natural gas from the Gulf Coast, Louisiana and East Texas to U.S. markets in the South, Midwest and Northeast. Texas Gas is headquartered in Owensboro, KY., and is a wholly owned subsidiary of Boardwalk Pipeline Partners LP (NYSE:BWP). Texas Gas(R) is a registered trademark of Texas Gas Transmission, LLC.

Source: Business Wire

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