Boardwalk Announces 1.6 Bcf/d in Firm Commitments to Transco's Station 85.

OWENSBORO, Ky. -- Boardwalk Pipeline Partners, LP (NYSE: BWP) announced that it has entered into binding precedent agreements through its subsidiaries to transport 1.6 billion cubic feet per day (Bcf/d) of gas to the Station 85 interconnect with Transcontinental Gas Pipe Line Corporation in Choctaw County, Alabama (Transco Station 85).

The 1.6 Bcf/d of committed capacity to Transco Station 85 includes 560,000 Mcf/d to be transported from the Perryville, Louisiana and Harrisville, Mississippi areas to Transco Station 85 on the previously announced Southeast Expansion being undertaken by the Company's Gulf South Pipeline Company subsidiary and 1,040,000 Mcf/d to be transported from various receipt points in Texas and Oklahoma to Transco Station 85 on the Company's previously announced Gulf Crossing Pipeline project (Gulf Crossing). The foundation shippers on Gulf Crossing also have an option to commit for an additional 350,000 Mcf/d of capacity on Gulf Crossing from Texas or Oklahoma to Transco Station 85, the exercise of which would increase the Company's committed capacity to Transco Station 85 to approximately 2.0 Bcf/d. In addition, as previously announced, Gulf Crossing has commenced a binding open season for additional capacity on that project.

"The Gulf Crossing open season has generated significant interest from shippers," said Brian Cody, Vice President of Business Development for Boardwalk. "Depending on the ultimate results of the open season, we may expand the design capacity of the Gulf Crossing and/or Southeast Expansion facilities to make additional deliveries to Transco Station 85," he added. Mr. Cody further stated that, "Based upon the interest expressed during its open season, and in light of the upcoming holidays, Gulf Crossing is extending the open season until January 15, 2007."

The Company also announced that, as reflected in the certificate filing that Gulf South made with the Federal Energy Regulatory Commission on December 11, 2006 regarding the construction of its Southeast Expansion, it expects that project to be in service and transporting gas to Transco Station 85 early in 2008.

As previously announced, the Gulf Crossing project contemplates the construction of a new 355 mile, 42 inch interstate pipeline beginning in Sherman, Texas and ending at Perryville, Louisiana and a lease of capacity on the Company's Gulf South system, including its Southeast expansion, from Perryville to Transco Station 85. The Southeast Expansion project will be an extension of the Company's Gulf South system consisting of approximately 110 miles of 42 inch pipeline beginning near Harrisville, Mississippi and terminating at Transco Station 85. Each of these projects is subject to FERC approval.

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 the Company will successfully complete the Gulf Crossing Pipeline or Southeast expansion projects, the results of any open season, whether any capacity options will ultimately be exercised, the cost and timing of any completed projects, including the timing of required regulatory approvals, and the future financial performance of those assets. 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 filings with the U.S. Securities and Exchange Commission.

Boardwalk Pipeline Partners, LP is a master limited partnership engaged through its subsidiaries, Texas Gas Transmission, LLC and Gulf South Pipeline Company, LP, in the interstate transportation and storage of natural gas. Boardwalk's two interstate natural gas pipeline systems have approximately 13,470 miles of pipeline and underground storage fields with aggregate working gas capacity of approximately 146 Bcf.