Promigas Stake To Go To Prisma

One of the largest shareholders of Colombian natural gas distribution company Promigas is to sell its 33% holding in the company for around $350 million in November. EMHC of the US has said it will sell the shareholding in Promigas to Prisma Energy Internacional, a subsidiary of Enron, via the Colombian Stock Exchange. Promigas is the largest private natural gas transmission company in the country and transports around 65% of natural gas in Colombia.