October 15, 2008

Pacific Gas and Electric Receives Favorable Decision From CPUC

El Paso has announced that the anchor shipper on El Paso's Ruby interstate natural gas pipeline project, Pacific Gas and Electric Company, has received a favorable proposed decision regarding the project from a California Public Utilities Commission administrative law judge.

If approved by the California Public Utilities Commission (CPUC) the proposed decision would allow the utility to finalize an agreement, which was announced in 2007, to obtain 375,000 dekatherms per day of capacity on the Ruby Pipeline for delivery of natural gas to Pacific Gas and Electric Company's (PG&E) gas and electric customers.

The proposed decision was issued on October 7, 2008 and is before the CPUC for final disposition as early as November 6, 2008.

Jim Cleary, president of El Paso's Western Pipelines, said: "This is a significant and welcome proposed decision, which clearly recognizes the benefits of the Ruby Pipeline Project to California consumers."