Continuing on towards the goal of restoring its balance sheet to health, the Williams Companies (TWC) said Wednesday that it is finalizing a new $800 million credit facility primarily for the purpose of issuing letters of credit. The Tulsa-based company said it expects to complete the credit agreement by mid-June.
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Ohio Regulators Finalize Rules for Retail Marketer Certification
New rules for Ohio retail gas marketers were finalized Tuesday by state regulators. The Public Utilities Commission of Ohio (PUCO) put the finishing touches on rules that will require marketer certification, allow governmental aggregation for competitive retail natural gas service and will provide regulators with much greater consumer protection authority.
April 15, 2002
Nova, El Paso Finalize Chilean Pipeline Plans
El Paso Energy International announced final agreements havebeen signed by the partners of an international consortium to buildthe 325-mile Gasoducto del Pacifico pipeline from Argentina acrossthe Andes mountains into Chile, roughly 300 miles south ofSantiago. Construction on the $380 million project has alreadybegun and the pipeline is scheduled to be in service by late 1999.The initial delivery capacity of the system is estimated to be 140MMcf/d.
February 13, 1998
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