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PG&E eyes El Paso project

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Published: Dec. 28, 2007 at 11:48 AM
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SAN FRANCISCO, Dec. 28 (UPI) -- California-based Pacific Gas & Electric Corp. plans to acquire interest in the Ruby Pipeline.

The pipeline, a project of El Paso Corp., is a proposed 680-mile, 42-inch natural gas transmission pipeline that would start at the Opal Hub in Wyoming and end at the Malin, Ore., interconnect.

PG&E announced it entered into a letter of intent with El Paso Corp. to acquire a 25.5-percent interest.

The project is expected to cost about $2 billion and is expected to have a capacity of about 1.2 billion cubic feet per day. After obtaining necessary customer commitments, the Ruby Pipeline is expected to be in service in the first quarter of 2011.

© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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