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Boardwalk Announces Expansion of Its Fayetteville/Greenville Laterals and Other Regulatory Updates.


HOUSTON -- Boardwalk Pipeline Partners, LP (NYSE NYSE

See: New York Stock Exchange
:BWP BWP

In currencies, this is the abbreviation for the Botswana Pula.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
) announced that its Texas Gas Transmission Texas Gas Transmission is a natural gas pipeline which brings gas from the Louisiana Gulf coast up through Arkansas, Mississippi, Tennessee, and Kentucky, to supply gas to Illinois, Indiana, and Ohio. It is owned by Loews Corporation. Its FERC code is 18. , LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 subsidiary has entered into a binding precedent In law, a binding precedent (also mandatory precedent or binding authority) is a precedent which must be followed by all lower courts under common law legal systems.  agreement with XTO Energy XTO Energy (NYSE: XTO) is an American Fortune 500 and S&P 500 energy producing company. Its primary products are oil and natural gas. It is based in Ft. Worth, Texas and its current CEO is Bob R. Simpson.

The company was founded in 1986.
 Inc. to transport 300 million cubic feet per day (MMcf/d) of gas on its Fayetteville and Greenville Expansion Project. The ten year firm transportation agreement will begin at 50 MMcf/d when the project is placed into service and will increase to 300 MMcf/d by 2012. Boardwalk Pipeline expects the first 60 miles of the Fayetteville Lateral to be in service during the third quarter 2008 and the remainder of the Fayetteville and Greenville Laterals to be in service during the first quarter 2009. Texas Gas will need approval from the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates.  to expand the capacity on this project from its current planned capacity of 800 MMcf/d to 1.2 billion cubic feet per day (Bcf/d).

Boardwalk Pipelines Boardwalk Pipeline Partners, LP operates a natural gas transportation and storage system through its two subsidiaries. They maintain approximately 13,470 miles of pipelines, directly serving customers in 11 U.S. states.  also announced that the anchor shipper on the Fayetteville and Greenville Expansion Project, Southwestern Energy Services Company (a subsidiary of Southwestern Energy Company), has exercised an option to increase its contractual commitments from 500 to 600 MMcf/d on the Fayetteville Lateral and from 400 MMcf/d to 480 MMcf/d on the Greenville Lateral, in each case effective as of April 1, 2010. These increases, combined with XTO's precedent agreement, increase the aggregate contractual commitments on the Fayetteville Expansion Project, after phase-in periods, to 975 MMcf/d, with additional options for 225 MMcf/d that can be exercised by various shippers over the next two years.

"These new commitments demonstrate the growth of natural gas production in the Fayetteville Shale," stated Brian Cody Brian Cody (born 1954) is an Irish hurling manager and former player, currently in his ninth season as manager of the Kilkenny senior inter-county team. He played hurling with his local club James Stephens and with the Kilkenny senior inter-county team in the 1970s and 1980s. , Boardwalk Pipeline's Senior Vice President and Chief Commercial Officer. "We are excited about the addition of XTO XTO Cross Timbers Oil (Fort Worth, Texas)
XTO X-Band Triode Oscillator
 as a customer for the Fayetteville and Greenville Project. We are also pleased that Southwestern Energy has chosen to exercise its option to meet its anticipated increased transportation needs on our new pipeline."

Boardwalk Pipeline also announced that it has received Final Environmental Impact Statements on the Fayetteville and Greenville Expansion Project and on its Gulf Crossing Pipeline Project and that it has received a special permit from the U.S. Department of Transportation for its East Texas to Mississippi Expansion Project allowing that pipeline to operate at higher pressures than under previous authorizations.

Boardwalk Pipeline Partners, LP is a master limited partnership engaged through its subsidiaries in the interstate transportation and storage of natural gas. Boardwalk Pipeline's interstate natural gas pipeline systems have approximately 13,550 miles of pipeline and underground storage fields with aggregate working gas capacity of approximately 155 Bcf.

This press release contains forward-looking statements relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 expectations, plans or prospects for Boardwalk Pipeline and its subsidiaries, including those relating to the completion by Boardwalk Pipeline of its pipeline expansion projects, including the cost and timing thereof, which Boardwalk Pipeline has stated previously are subject to significant risks, including the impact of scope changes, adverse weather conditions, delays in the receipt of regulatory approvals, and the continuing effects of the strong demand for and limited supply of qualified contractors, labor, materials and equipment as a result of the number of large, complex pipeline construction projects currently underway. 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 and other risks and uncertainties concerning Boardwalk Pipeline and its expansion projects are described in its filings with the U.S. Securities and Exchange Commission, which are available on Boardwalk Pipeline's website at www.bwpmlp.com or on the SEC's website at www.sec.gov.
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Publication:Business Wire
Date:Apr 3, 2008
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