FirstEnergy sells retail natural gas business

March 21, 2005
FirstEnergy Corp., Akron, Ohio, sold a subsidiary retail natural gas business to Amerada Hess Corp., in an attempt to focus on its core electric business.

By OGJ editors

HOUSTON, Mar. 21 -- FirstEnergy Corp., Akron, Ohio, sold a subsidiary retail natural gas business to Amerada Hess Corp., in an attempt to focus on its core electric business.

The subsidiary FirstEnergy Solutions supplies natural gas to about 1,900 commercial and industrial customers in selected areas in Ohio, western Pennsylvania, and West Virginia.

The value and other terms of the transaction were not disclosed due to a confidentiality agreement.