el paso sell oasis pipeline ownership note buyer el paso interest oasis announced consent agreement filed ftc state texas tennesse pipeline part normal review process prior final approval pg e texas assets formally owned valero teco tennessee note 3 rd quarter 10 q el paso possibly putting pg e texas acquired properties mlp also indicated put crystal storage mlp el paso sell oasis pipe stake el paso energy corp sell 35 stake oasis pipe line 1 bcf line texas according disclosure securities filing made last week el paso said sale negotiated october would result 20 million loss 36 inch intrastate gas line runs 608 miles west texas waha market katy hub outside houston pipeline provides link el paso natural gas tennessee gas pipeline principal route permian basin supplies access houston ship channel oasis completed substantial upgrade 1998 installing 9 400 horsepower compression new interconnects increase deliveries eastern markets dow hydrocarbons aquila energy unit utilicorp united also stakes line along 35 ownership aquila also firm transport rights 280 000 mcf el paso sale complete still needs approvals federal trade commission texas attorney general