REVIEWER: Michael J. Augustine, lead analyst of marketing services for KeySpan.

BACKGROUND: A member of the Standard & Poor's 500 Index, KeySpan Corporation is the fifth largest distributor of natural gas in the United States and the largest in the Northeast, operating regulated gas utilities in New York, Massachusetts and New Hampshire, serving 2.5 million customers. These customer-focused businesses are complemented by a portfolio of service companies which offer energy-related products, services and solutions to homes and businesses.

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