News Brief:

Duke Energy Gas Transmission Buys MHP Gas Storage frrom NiSource
Duke Energy Gas Transmission Corp. has entered into a definitive agreement
to purchase the natural gas salt cavern storage business commonly known as
Market Hub Partners (MHP) from subsidiaries of NiSource Inc., for $250
million in cash plus the assumption of $150 million in debt.

This new line of business for DEGT has 23 billion cubic feet (Bcf) of
storage capacity with expansion capability. The stock purchase is expected
to close later this year, pending Federal Trade Commission approval.