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TRANSCO, PETROLEUM SOURCE AND SYSTEMS GROUP PURSUE NATURAL GAS VEHICLE FUELING IN ATLANTA

 HOUSTON, Jan. 5 /PRNewswire/ -- Transco Energy Company (NYSE: E) affiliate Fleet Star, Inc., a subsidiary of TrenFuels, Inc., has signed a letter of intent with Petroleum Source and Systems Group, Inc. to form a venture that will develop the natural gas vehicle fueling infrastructure in the Atlanta market. By the end of the year, the venture plans seven natural gas fueling stations at existing fueling sites operated by The Gas Key Corporation, a division of Atlanta-based Petroleum Source.
 The opening of the first station is planned for early 1993 on Whitehall Street in Atlanta and will include equipment installed by Atlanta Gas Light Company. The venture will purchase natural gas for the stations from Atlanta Gas Light Company using the utility's existing distribution system.
 Gas Key currently operates computerized fueling sites for conventionally fueled fleets throughout Atlanta under the trademark UFO (unattended fuel outlets). Member fleets use a card system, similar to an ATM card, providing 24-hour access and computerized fuel management and audit services.
 Fleet Star, a leader in the development of a natural gas fueling infrastructure in the United States, and its affiliates currently operate eight natural gas fueling stations in Texas and plan to build an additional 16 stations in Texas, along with several stations in California, Arizona and Nevada, during 1993. Atlanta marks Fleet Star's first entry into a market also served by Transco's Transcontinental Gas Pipe Line Corporation (TGPL), which transports natural gas through the South and along the East Coast from Texas to New York. Atlanta Gas Light is a TGPL customer.
 Michael B. Barrett, chief executive officer of Fleet Star, Inc., said, "We are providing the Atlanta fleet market with a real solution for making natural gas vehicle use a common reality. This venture is another step in Transco's development of a national presence in the evolving natural gas fueling infrastructure."
 "Atlanta Gas Light has been a major participant in increasing the awareness of the economic and environmental benefits of natural gas as a vehicular fuel, and we look forward to working with them," said Livia Whisenhunt, president of Petroleum Source and Gas Key. "With the 1996 Summer Olympic Games being held in Atlanta, the city will have an exciting opportunity to demonstrate its leadership in adopting clean- burning alternative fuels," she said.
 Officials from both companies noted that the recently passed National Energy Policy Act encourages increased use of natural gas as a vehicular fuel. This federal legislation calls for increased use of alternative fuels in federal fleets and provides tax incentives for the replacement of vehicles or conversion to alternative fuels and the installation of alternative fueling infrastructure.
 Petroleum Source and Systems Group, Inc. supplies business, industry and government with a full range of fuels for production, feedstocks and transportation. The company markets natural gas, propane and liquid fuels throughout the eastern United States and is an active trader of feedstock products. Petroleum Source offers a wide variety of energy programs, which include short and long-term supply contracts and natural gas price hedging.
 TrenFuels, Inc. is a subsidiary of Transco Energy Ventures Company (TEVCO), which is a subsidiary of Transco Energy Company. Through its subsidiary companies, TEVCO develops and owns independent power plants and provides energy consulting services, natural gas vehicle fueling services, high-tech compressors and power plant products. Transco Energy Company transports natural gas through its interstate pipelines systems to markets in the eastern and midwestern United States, arranges for the transportation and sale of natural gas throughout the United States, and is active in independent power generation and natural gas vehicle fueling services. Transco also maintains modest positions in other energy-related businesses.
 -0- 1/5/93
 /CONTACT: Terri M. Kainer of Transco, 713-439-4263, or Livia Whisenhunt of Petroleum Source and Systems Group, 404-321-5711, or (analysts) R. Dean Ayers of Transco, 713-439-2593/
 (E)


CO: Transco Energy Company; Petroleum Source and Systems Group ST: Texas IN: OIL SU:

CK -- NY047 -- 1714 01/05/93 12:08 EST
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Date:Jan 5, 1993
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