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Boardwalk Does Not Expect FERC's Proposed Policy Revisions To Have A Material Impact On Revenues
Based on a preliminary assessment, Boardwalk does not expect FERC's proposed policy revisions to have a material impact on the company's revenues. All of the firm contracts on Boardwalk's Gulf Crossing Pipeline and the majority of contracts on Texas Gas Transmission are negotiated or discounted rate agreements, which are not ordinarily affected by FERC's policy revisions. Gulf South Pipeline currently has a rate moratorium in place with its customers until 2023. Boardwalk will continue to evaluate the potential impact these proceedings could have on its interstate pipelines, and the company plans to submit comments to FERC.
This press release contains forward-looking statements relating to expectations, plans or prospects for
Director of Investor Relations and Corporate Communications
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