ALBERTA PRODUCERS CONSIDER SETTLEMENT

A 450-member producer pool supplying natural gas to Pan-Alberta Gas Ltd., Calgary, is considering a $192 million (U.S.) contract settlement with California customers. Two California buyers, Pacific Interstate Transmission Co. and Southern California Gas Co., agreed to pay that sum to compensate for rewriting contracts on long term gas sales. The gas moves through the Foothills Pipe Lines Ltd. system, which is a prebuilt section in Canada of the planned Alaska Natural Gas Transportation System.

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