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Bechtel Enterprises and Shell Gas & Power to Assess the Former Mare Island Naval Shipyard

May 3, 2002 Bechtel Enterprises, in conjunction with Shell Gas & Power, will assess the former Mare Island Naval Shipyard in Vallejo, California as a site for an integrated energy project. The feasibility study will evaluate a Liquefied Natural Gas (LNG) import terminal and associated regasification facilities, and a gas-fired electric power plant.