BRIEF-TransAlta to build natural gas pipeline in Australia in joint venture

Jan 15 (Reuters) - TransAlta Corp TA.TO :

* Establishes joint venture to construct a natural gas pipeline in Western

Australia

* Says forms an unincorporated joint venture with dbp development group (ddg),

a wholly owned subsidiary of Duet Group

* Says co has 43% interest in the joint venture

* Says the joint venture is called the fortescue river gas pipeline joint

venture

* The fortescue river gas pipeline is expected to be operational in early 2015

* Jv's 1st project to operate $178 million natural gas pipeline from dampier to

bunbury natural gas pipeline to co's power station at solomon hub

* Source text for Eikon News Search ID:nMKWLsGsQa

* Further company coverage TA.TO

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