Houston Natural Gas
Parent InterNorth | |
Houston Natural Gas Corporation (HNG) was a gas utility headquartered in
History
HNG was founded in 1940 as a company to sell the gas produced by the Houston Pipe Line Company, after negotiations with Houston Gas and Fuel fell through.[2] In 1956 HNG acquired the Houston Pipe Line Company and its assets for $36 million.[2] At the time, HPL owned 761 miles of transmission lines crossing the Texas Gulf Coast and had been HNG's principal supplier since its founding.
In 1963 HNG acquired the Valley Gas Production Company and its pipelines, with the president, Robert R. Herring, joining the company as vice-president. He became president of the company in 1967, and chairman of the board in 1973.[3]
In 1976 HNG exited the energy distribution market, selling its operations to
Later, in 1984, the company fended off a
References
- ^ a b Texas Computroller of Public Accounts, Taxpayer ID 17406946552. Accessed 2019-07-16
- ^ a b c "Houston Pipeline History".
- ISSN 0362-4331. Retrieved 2019-07-16.
- ^ Rosenheim, Daniel (3 May 1985). "INTERNORTH, HOUSTON NATURAL GAS IN $2.3 BILLION MERGER". chicagotribune.com. Retrieved 2019-07-16.