Spectra, AEP, Chesapeake Announce Joint Project

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Spectra Energy (SE), American Electric Power (AEP) and Chesapeake Energy's (CHK) Chesapeake Energy Marketing subsidiary said today they have formed an agreement to advance development of the Ohio Pipeline Energy Network. The network is a proposed expansion of the Texas Eastern pipeline system that will connect Ohio's Utica and Marcellus shale gas supplies with the fast-growing markets attached to the Texas Eastern system, in particular natural gas-fired generation.

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