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BROOKLYN UNION JOINS MAYFLOWER PIPELINE CONSORTIUM

 BROOKLYN, N.Y., March 17 /PRNewswire/ -- Brooklyn Union Gas Company (NYSE: BU) announced today that it has agreed to join ANR Pipeline Company, a subsidiary of the Coastal System, and TransCanada PipeLines Limited, as a sponsor of the Mayflower Gas Transmission System.
 The Mayflower system, a natural-gas pipeline, will extend 200 miles east from the Iroquois Gas Transmission System, and serve markets from Canajoharie, N.Y., to Boston. Construction of the project is subject to receipt of necessary regulatory approvals. The estimated cost is $320-$360 million, and the anticipated service date is 1996.
 "The Mayflower project is consistent with our objective of investing in energy-related activities in the Northeast that will provide our shareholders with a solid return over the long term," said Robert B. Catell, president and chief executive officer of Brooklyn Union. "At the same time, this initiative will help meet regional goals to improve air quality and to reduce dependence on imported oil."
 James R. Paul, president and chief executive officer of the Coastal Corporation, said, "We're extremely pleased to have a company with the stature of Brooklyn Union as an equity participant in Mayflower. Brooklyn Union's knowledge of the Northeast is of great strategic value to the project."
 "The addition of Brooklyn Union gives the project further momentum and adds considerable credibility and strength," said Gerald Maier, TransCanada's chairman, president and chief executive officer.
 TransCanada PipeLines Limited is a Calgary-based pipeline company with operations in natural gas transmissions, liquids extraction plants, natural gas marketing, chemicals and electric power generation. The Coastal Corporation is a Houston-based energy holding company with subsidiary operations in natural gas transmission and storage, refining and marketing, oil and gas exploration and production, coal, chemicals, trucking and independent power production.
 Brooklyn Union distributes gas to 1.1 million customers in the New York City boroughs of Brooklyn, Queens and Staten Island. The company has natural gas exploration, production and marketing interests in the United States and Canada, as well as investments in cogeneration and propane distribution. Brooklyn Union is a participant in the Iroquois Gas Transmission System, which transports gas from Canada to the Northeast.
 -0- 3/17/93
 /CONTACT: Jan C. Childress, manager-investor relations of Brooklyn Union Gas, 718-403-3382, or fax, 718-852-8221/
 (BU)


CO: Brooklyn Union Gas Company ST: New York IN: UTI SU:

GK-CK -- NY029 -- 7016 03/17/93 11:57 EST
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Publication:PR Newswire
Date:Mar 17, 1993
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