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TRUNKLINE GAS COMPANY RECEIVES IMPLEMENTATION DATE FOR ORDER 636 SERVICES

 HOUSTON, Aug. 10 /PRNewswire/ -- Trunkline Gas Company, a subsidiary of Panhandle Eastern Corporation (NYSE: PEL)("PEC"), today filed Order 636 compliance revisions consistent with the Federal Energy Regulatory Commission's (FERC) July 30 order implementing Trunkline's restructured services effective September 1.
 "We've been actively working with our customers in anticipation of FERC's approval of our proposed implementation date," said Buck Gatewood, president of Trunkline. "We're pleased with the order and we expect the transition on September 1 to be a smooth one."
 Order 636 requires interstate natural gas pipeline companies to unbundle the traditional sales service from transportation and storage services, which must be offered separately.
 Upon Trunkline's September 1 implementation of Order 636, PEC will have all four of its natural gas pipeline subsidiaries operating under the new requirements.
 PEC subsidiary Panhandle Eastern Pipe Line Company was one of the first companies to implement Order 636 in May, and sister subsidiaries Texas Eastern Transmission Corporation and Algonquin Gas Transmission Company followed in June.
 "With the last of our four subsidiary pipelines soon to be operating under Order 636, we've taken an important step toward having our restructured services in place," said Dennis Hendrix, PEC's president and chief executive officer. "The new market-driven environment created by the order provides opportunities to develop new services to better serve Panhandle Eastern Corporation's customers."
 Panhandle Eastern Corporation, America's natural gas transportation company, operates one of the nation's largest interstate natural gas pipeline systems, providing natural gas to the Midwest and Northeast markets.
 -0- 8/10/93
 /CONTACT: Danny P. Gibbs, media relations, 713-627-5011, or Brad Porlier, investor relations, 713-627-4600 or 800-347-3636, both for Trunkline Gas Company/
 (PEL)


CO: Trunkline Gas Company ST: Texas IN: OIL SU:

TM -- NY087 -- 1374 08/10/93 17:03 EDT
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Publication:PR Newswire
Date:Aug 10, 1993
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