Increased demand for natural gas creates big winner in energy market

Nationwide, natural gas use is expected to increase 30 percent by the end of the decade — driven by the fact that about 90 percent of new electric generation in the United States will use natural gas. Advances in gas-fired technology and the environmental benefits of the fuel have made it the No. 1 choice for new generation.

ATLANTA, Sept. 11, 2000 — Southern Energy Inc. has completed the $250 million purchase of Vastar Resources Inc.’s 40 percent interest in Southern Company Energy Marketing, making the company wholly owned by Southern Energy.

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