MORGAN STANLEY GROUP <MS> UNIT IN GAS DEAL
Morgan Stanley Group Inc unit Natural
Gas Clearinghouse Inc said it has reached agreement with
(Pan-Alberta Gas Ltd) of Canada to import substantial
quantities of natural gas for its U.S. customers.
    The company said potentially 500 mln cubic feet a day of
Canadian natural gas could be imported under the agreement.
    It said the natural gas would be competitively priced but
did not refer to specific prices.
    Pan-Alberta is owned by Nova <NVA.A.T> and Alberta Energy
Co, the company added.
 Reuter
