November 11, 2008

CPUC Approves PG&E’s Purchase of Gas Volumes on Ruby Pipeline

Midstream firm El Paso Corporation has announced the California Public Utilities Commission has given final approval to Pacific Gas and Electric to proceed with an agreement to obtain 375,000 dekatherms per day of capacity on the Ruby Pipeline for the delivery of natural gas to its gas and electric customers.

The California Public Utilities Commission's (CPUC) unanimous approval of this important anchor shipping agreement paves the way for El Paso to move forward with the approximately 680-mile interstate natural gas pipeline that will extend from the Opal Hub in Wyoming to a pipeline interconnect at Malin, Oregon, near California's northern border.

Jim Cleary, president of El Paso's western pipelines unit, said: "We are very pleased with this decision by the CPUC. This was an important milestone in keeping Ruby Pipeline on schedule to provide a much needed outlet for an increasing amount of Rocky Mountain natural gas production as well as improved supply diversity for the western US. With this approval, Ruby remains on schedule for a planned first quarter of 2011 in-service date."