ALJ/ANG/sid Mailed 7/18/2002
Decision 02-07-025 July 17, 2002
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Joint Application of Phillips Petroleum Company and ConocoPhillips Pursuant to Section 854(a) of the Public Utilities Code for Expedited, Ex Parte Authorization to Transfer Control of Union Pipeline Company (California) from Phillips Petroleum Company to ConocoPhillips. |
Application 02-04-044 (Filed April 25, 2002) |
1. Summary
Phillips Petroleum Company (Phillips) and ConocoPhillips (together, Joint Applicants) seek authorization under Section 854(a) of the Public Utilities Code to transfer control of Union Pipeline Company (California) (UNOCAP), a common carrier intrastate oil pipeline company, from Phillips to ConocoPhillips. The transfer of control would occur as a result of a proposed merger of Phillips and Conoco, Inc. (Conoco). The Joint Application is unopposed and is granted.
