December 24, 1997 in Nation/World

Pacific Gas Transmission Changing Names Next Month

From Staff And Wire Reports
 

Pacific Gas Transmission Co. is changing its name to PG&E; Gas Transmission-Northwest on Jan. 1.

“Our parent, PG&E; Corp. is in the forefront of the evolving energy business,” said Stephen P. Reynolds, Pacific Gas Transmission president and CEO, who added that PG&E; Corp. delivers energy services to customers in North America and Australia.

“This new name better reflects our role in that effort,” he said.

PG&E; Gas Transmission-Northwest is a subsidiary of PG&E; Gas Transmission Corp., one of five lines of business of PG&E; Corp.

“We haven’t been merged or absorbed - PG&E; has owned our company for 40 years,” said Susan Meyer, director of community relations for PG&E; Gas Transmission-Northwest in Spokane. “There won’t be any change in the relationship with our customers or for the communities we serve.”

Pacific Gas Transmission, formed in 1961, has 612 miles of natural gas pipeline stretching from the Idaho-British Columbia border to northern California. Capacity along that pipeline is 1.8 billion cubic feet a day. The company employs 300 people.

PG&E; Corp. is an energy-based holding company headquartered in San Francisco. The company has more than $26 billion in assets and had 1996 revenues of almost $10 billion. The parent company employs 22,000 and serves more than 13 million customers in 70,000 square-miles of northern and central California.

, DataTimes


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