El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
30-Nov-2005
El Paso Corporation Reports Developments on Macae ArbitrationHOUSTON, Nov 30, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- El Paso Corporation (NYSE: EP)
reported today that an international arbitration panel has postponed its final
ruling on El Paso's dispute with Petrobras over the validity of its contracts
at the Macae power project. The panel will continue consideration of issues
not yet resolved during proceedings held earlier this year. A final ruling is
not expected until some time in the first half of 2006.
El Paso Corporation provides natural gas and related energy products in a
safe, efficient, and dependable manner. The company owns North America's
largest natural gas pipeline system and one of North America's largest
independent natural gas producers. For more information, visit
http://www.elpaso.com .
SOURCE El Paso Corporation
Investor and Public Relations, Bruce L. Connery, Vice President, 1-713-420-5855, or
Media Relations, Chris Jones, Manager, 1-713-420-4136, both of El Paso Corporation
http://www.prnewswire.com
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El Paso Corp.
