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El Paso May Adjust Ownership Structure of Elba Island LNG Terminal

In a conference call with financial analysts yesterday, El Paso Corp. executives said that they are considering selling the Elba Island LNG import terminal and associated pipeline to El Paso Pipeline Partners LP, the company's master limited partnership
March 1, 2010

In a conference call with financial analysts yesterday, El Paso Corp. executives said that they are considering selling the Elba Island LNG import terminal and associated pipeline to El Paso Pipeline Partners LP, the company's master limited partnership subsidiary. According to Business Week, the executives noted that the LNG terminal and pipeline provide consistent revenue and low maintenance costs.

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