Sithe & Cabot LNG ink a deal:

Sithe & Cabot LNG ink a deal:

Sithe Energies Inc. and Cabot LNG have entered into a 20-year gas sales and purchase agreement valued in excess of $4 billion. Cabot LNG`s subsidiary, Distrigas of Massachusetts Corp., will be the principal supplier of natural gas to fuel Sithe`s Mystic Station, a 1,600 MW electric generating plant located in Everett, Mass. Mystic Station is expected to begin commercial operation in 2002.

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