April 8, 2011

ASBESTOS UPDATE: Southern Star Has $1.6MM Dec. 31 ARO Liability

COMPANIES: Southern Star Central Corp
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At Dec. 31, 2010, Southern Star Central Corp.’s regulatory asset was US$1 million and its related asset retirement obligation liability was US$1.6 million.

In 2005, in accordance with the Financial Accounting Standards Board (FASB), Interpretation concerning Accounting for Conditional Asset Retirement…

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