In a story titled “Aussie Consortium Buys Majority Stake in NGPL System” in last Friday’s edition of NGI’s Daily Gas Price Index, we reported that Australia-based investment group Babcock and Brown Ltd. was leading a consortium to buy the majority stake in MidCon, which owns the Natural Gas Pipeline Company of America (NGPL), in a $7.6 billion transaction. The actual transaction value is $6.6 billion. NGI regrets the error.
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