In the Matter of El Paso Energy Corporation and PG&E Corporation
FTC Matter/File Number:
Part 2 Consents
A final order allowed El Paso Energy Corporation to acquire PG&E Gas Transmission Teco, Inc. and PGU Gas Transmission Texas Company (subsidiaries of Pacific Gas & Electric) with the provision that it divest its interest in the Oasis Pipe Line Company; PG&E's share of the Teco Pipeline; and the Matagorda Island Offshore production area. The divestitures ensure that competition is maintained for natural gas transportation in three Texas markets.