Enron creates new pipeline firm

Enron Corp. will create a new pipeline company, PipeCo, to run three North American pipelines. The new company, temporarily referred to as PipeCo, would include Enron’s interests in Transwestern Pipeline Company, Citrus Corp., and Northern Plains Natural Gas Company. PipeCo was expected to be a new company governed by an independent board of directors. After the bankruptcy case was resolved, PipeCo shares would be distributed to creditors.

Previous articleMEOS conference moved
Next articleAlstom to refurbish Hungarian power plant
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.