Exhibit 99.1

KEYSPAN
                                                                        NEWS
- --------------------------------------------------------------------------------
                                                          For Immediate Release
For Release May 26, 2005                  Contact: Carmen Fields (781) 466-5096



                      KeySpan Affirms Dedication to Safety


KeySpan officials are affirming that safety is of prime importance, and vowed to
continue pursuit of approval to upgrade its existing LNG facility in Providence,
Rhode  Island to accept  marine  deliveries.  "We believe we still have a strong
case in favor of the project,"  said David J. Manning,  Executive Vice President
and Chief Environmental officer for KeySpan Corporation. "To say that we are not
safe is simply wrong."

"Above all else,  KeySpan is  committed  to the  safety of its  facilities,  its
employees,  and  the  surrounding  populations,"  Manning  continued.  "Our  LNG
facility in Providence has existed without  incident for over 30 years, and that
above all else is testament to our  dedication."  The current  proposal makes NO
alterations  to the  existing  tank,  and is  simply  returning  to the  mode of
delivery for which the facility was originally  built.  "This facility  supplies
25% of the winter time load and is critical to meeting the demands of Providence
and the surrounding region," said Manning.


The recently  issued  Final  Environmental  Impact  Study by the Federal  Energy
Regulatory Commission (FERC) environmental staff resulted in some questioning of
that commitment,  even as the report lauded the project's  minimal impact on the
environment. "The current facility meets all applicable state and federal safety
standards,  as it has  since  its  inception.  This  facility  remains  vital to
Providence and the surrounding region's gas supply, and as a result, KeySpan has
every intention to continue our dedication to providing  reliable,  safe, energy
supplies and price stability to the region's residents, businesses, and electric
generators," Manning continued.

"We have been working actively with federal and state agencies to develop safety
plans and  resources  for the  current  proposal,"  said  Manning.  "We will not
operate an upgraded facility without  comprehensive safety and security plans in
place,"  Manning added. He also stated that KeySpan will pay for all incremental
costs to implement the approved security plan.

Manning termed the FEIS document as "outstanding" and noted additional positive
considerations:






KeySpan Affirms Safety -2-



1.   The FEIS  fully  acknowledges  the need  and  benefits  of new LNG into the
     region.  This need has also been acknowledged by groups such as New England
     Governor's  Conference,  the New  England  Council,  the Rhode  Island 21st
     Century Labor-Management  Partnership's 17 labor unions, the Energy Council
     of Rhode Island, and the Greater Providence Chamber of Commerce.

2.   The  FEIS  fully  acknowledges  the  minimal  environmental  impact  of the
     project.  The  KeySpan LNG  project  will  require NO dredging of any kind,
     worth  noting in the fragile  ecosystem  of  Narragansett  Bay and those of
     waterways feeding it.

3.   The FEIS  acknowledges  that there are no  preferable  alternatives  to the
     proposed KeySpan LNG upgrade for service to the relevant  market.  Adopting
     conditions  which  make  the  upgraded  project   infeasible  does  a  real
     disservice to the market.










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