“We’re pleased with today’s decision by Governor Bush and his cabinet in respect to this important milestone for the Tractebel Calypso project and that they concur that the route selected for the Tractebel Calypso pipeline meets high standards of environmental stewardship,” said William P. Utt, president and CEO of TNA. “We have now received all major US approvals required to proceed with this project. Once completed, the pipeline will be capable of supplying Florida with the clean-burning natural gas it needs to meet its increasing energy demands.” The proposed Tractebel Calypso project will transport natural gas via a 145-km long, 24-in diameter, pipeline from the planned liquefied natural gas storage and regasification facility of its affiliate, Tractebel Bahamas LNG Ltd, in Freeport, Grand Bahama. The US segment of the pipeline would make landfall at Port Everglades, Florida, then travel onshore to a proposed interconnection with the Florida Gas Transmission system adjacent to Florida Power & Light’s Lauderdale power plant. The Tractebel Calypso project will transport approximately 30m. cum/d of natural gas, and TNA anticipates initial gas deliveries to begin as early as 2007. Tractebel Bahamas LNG Ltd has received its approval in principle from the country’s government, and is awaiting its final approval of a Bahamian environmental impact statement.