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NORTHERN BORDER PARTNERS, L.P. INVESTS IN COAL SLURRY PIPELINE
FOR IMMEDIATE RELEASE: September 5, 1996
OMAHA -- Northern Border Partners, L.P. announced that it has made a small acquisition, a 62 percent ownership position in Black Mesa Pipeline from Prudential Insurance Company of America. The 273-mile, 18-inch diameter coal-water slurry pipeline originates in Kayenta, Arizona, traverses westward through northern Arizona and crosses the Colorado River before ending at the 1580 megawatt Mohave Power Station in Laughlin, Nevada operated by Southern California Edison.
Northern Border Partners, L.P. owns a 70 percent general partner interest in Northern Border Pipeline Company, which owns a 969 mile U.S. interstate pipeline system that transports natural gas produced in Western Canada and the Williston Basin to major gas consuming markets in the U.S.
Northern Border Partners, L.P. is listed on the New York Stock Exchange under the symbol “NBP”.
For additional information please contact:
Elaine Thomas
(713)853-6814
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