News

Today Pacific Gas and Electric Company's California Gas Transmission invited customers to step into the future with the 2004 Extension and Open Season.

In January Pacific Gas and Electric Company proposed the Extension and Open Season in its Gas Accord II -- 2004 Application at the California Public Utilities Commission. Although the CPUC is not expected to issue a decision on the Application until after November 1, 2003, CGT is now moving forward with the 2004 Extension and Open Season for business into next year, providing customers time to secure credit and management approval for any Extension and Open Season commitments they choose to make.

The 2004 Extension and Open Season offers eligible holders of 2003 firm backbone transportation and storage capacity the option to extend their contracts into 2004. Any remaining 2004 annual firm Redwood, Baja, or storage capacity will be offered in the Open Season. Limited volumes will be offered in the Open Season for terms of up to fifteen years.

Make the 2004 Extension and Open Season part of your planning for next year. Although the Extension and Open Season are subject to CPUC approval, important deadlines for interested parties are approaching quickly. All CGT customers should review information now available at the Extension and Open Season Index page.