FERC, TRANSCO SETTLE ISSUES

The Federal Energy Regulatory Commission has approved a settlement resolving allegations against Transcontinental Gas Pipe Line Corp. that calls for the company to pay $35.5 million plus interest. The order settles all outstanding enforcement issues against Transco except those relating to the company's transition cost proceeding. In agreeing to the pact, Transco did not admit or deny any violations had occurred.

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