OCCIDENTAL <OXY> UNIT DELAYS REDEMPTION DATE
Occidental Petroleum Corp said its unit
Natural Gas Pipeline will delay until July second its
redemption of 202 mln dlrs of debt.
    Natural Gas previously announced a call date of June 29.
    The unit will redeem all five of its first mortgage
pipeline bonds including the 8-1/8s and 9-1/2s of 1989, the
7.70s of 1991, the 8.35s of 1993 and the 9-1/4s of 1995.
    It will also retire its 15-3/8 pct debentures due 1992, the
9-1/2 pct debentures due 1990 as well as all outstanding 9-7/8
pct notes due 1994 and 8-1/8 pct notes due 1988.
 Reuter
