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FORM 8-K
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
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Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event Reported) June 21, 1994
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THE COLUMBIA GAS SYSTEM, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-1098 13--1594808
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(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
20 Montchanin Road, Wilmington, Delaware 19807
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(Address of principal executive offices)
Registrant's telephone number, including area code (302) 429-5000
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Item 5. Other Events
Information contained in a News Release dated June 21, 1994, is
incorporated herein by reference.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
The Columbia Gas System, Inc.
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(Registrant)
By /s/ R. E. Lowe
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R. E. Lowe
Vice President &
Controller
Date: June 21, 1994
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Contacts: Media - D. R. Dodrill (304) 357-2257
E. K. Merritt (304) 357-2283
Analysts - T. L. Hughes (302) 429-5363
K. P. Murphy (302) 429-5471
FOR IMMEDIATE RELEASE June 21, 1994
FERC AUTHORIZES COLUMBIA GAS UNIT
TO RECOVER $20 MILLION IN GAS COSTS
CHARLESTON, W.VA. -- The Federal Energy Regulatory Commission
has approved an order that permits Columbia Gas Transmission Corp., a unit of
The Columbia Gas System, Inc. (NYSE:CG), to recover from its sales customers
approximately $20 million in carrying charges related to gas exchange activity.
The FERC disallowed the collection of these carrying charges
when it approved Columbia Transmission's 1993 annual purchase gas adjustment
filing earlier this year. The company sought rehearing and, upon
consideration, the FERC agreed that the adjustment was legitimate and
authorized its collection. The adjustment relates to the period April 1985
through December 1991.
Under FERC procedures, requests for reconsideration of the
order may be filed.
The Columbia Gas System, Inc., and its principal pipeline
subsidiary, Columbia Gas Transmission Corp., have been operating as
debtors-in-possession under Chapter 11 of the Federal Bankruptcy Code since
July 31, 1991.
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