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TEXAS EASTERN TRANSMISSION FILES CUSTOMER PCB RATE RECOVERY AGREEMENT WITH FERC

 TEXAS EASTERN TRANSMISSION FILES
 CUSTOMER PCB RATE RECOVERY AGREEMENT WITH FERC
 HOUSTON, Dec. 17 /PRNewswire/ -- Texas Eastern Transmission Corporation (TETCO), a subsidiary of Panhandle Eastern Corporation (NYSE: PEL), today filed with the Federal Energy Regulatory Commission (FERC) its previously announced stipulation and agreement with customers concerning the rate recovery of certain environmental clean-up costs. These costs are associated with TETCO's 10-year program for assessment and remediation of polychlorinated biphenyls (PCBs) on its pipeline system.
 Panhandle Eastern Corporation operates one of the nation's largest interstate natural gas pipeline systems, providing natural gas to the Midwest and Northeast markets.
 -0- 12/17/91
 /CONTACT: John P. Barnett (media), 713-627-4072; or Dorothy M. Ables (investors), 713-627-4600, both of Panhandle Eastern/
 (PEL) CO: Texas Eastern Transmission Corporation;
 Panhandle Eastern Corporation ST: Texas IN: OIL SU:


JT -- NY090 -- 3173 12/17/91 17:42 EST
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Publication:PR Newswire
Date:Dec 17, 1991
Words:140
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