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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the Calendar Quarter Ended December 31, 1999
Consolidated Natural Gas Company
(Name of registered holding company)
120 Tredegar Street
Richmond, Virginia 23219
(Address of principal executive offices
Table of Contents
Page
____
Item 1. Organization Chart 2
Item 2. Issuance and Renewals of Securities
and Capital Contributions 2
Item 3. Associate Transactions 3
Item 4. Summary of Aggregate Investment 4
Item 5. Other Investments 5
Item 6. Financial Statements and Exhibits 5
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ITEM 1 - ORGANIZATION CHART
Name of Energy or Date of State of %of voting Nature
Reporting Gas Related Organiz- Incorpor- Securities of
Company Company ation ation Held Business
_________ ___________ ________ _________ __________ ________
Consolidated
Natural Gas
Company ("CNG")
CNG Field Gas Related 03/23/77 Delaware 100% (a)
Services
Company (a)
("Field
Services")
(a) Field Services in July of 1998 entered into activities involving
Appalachian natural gas supply, including the administration of supply
contracts transferred from CNG Energy Services Corporation, a former
subsidiary of CNG. The name of Field services was changed from "CNG
Field Services Company" to "Dominion Field Services, Inc." on March
20, 2000.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Company Company
Contributing Receiving Type and Amount of
Capital Capital Capital Infusion
____________ _________ __________________
(b)
(b) Field Services participates in the CNG System Money Pool ("Money
Pool"). During the calendar quarter, Field Services contributed
$47,241,000 to, and withdrew $39,100,000 from, the Money Pool. It had
a borrowing of $2,651,000 from the Money Pool at December 31, 1999.
Additionally, as of December 31, 1999 there were outstanding
$19,220,370 in CNG guarantees of Field Services obligations.
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ITEM 3 - ASSOCIATE TRANSACTIONS
Part I - Transactions Performed by Reporting Companies on Behalf of
Associate Companies
Reporting Associate
Company Company Types of Direct Indirect Cost Total
Rendering Receiving Services Costs Costs or Amount
Service Service Rendered Charged Charged Capital Billed
_________ _________ ________ _______ ________ _______ ______
None(c)
(c) As per Rules 80 and 81, natural gas supply, storage or transportation
capacity transactions are not reported hereunder.
Part II - Transactions Performed by Associate Companies on Behalf of
Reporting Companies(d)
Associate Reporting
Company Company Types of Direct Indirect Cost Total
Rendering Receiving Services Costs Costs of Amount
Services Service Rendered Charged Charged Capital Billed
_________ _________ ________ ________ ________ _______ ________
None (d)
(d) CNG Storage Service Company in 1991 had entered into standard at-cost
service agreements with Consolidated Natural Gas Service Company, Inc.
Information with respect to transactions under such agreement is not
provided in this report, but is provided by Form U-13-60.
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ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies (in thousands):
Total consolidated capitalization as
of December 31, 1999 $4,139,988 Line 1
Total capitalization multiplied by 15%
(Line 1 multiplied by 0.15) 620,998 Line 2
Greater of $50 million or line 2 620,998 Line 3
Total current aggregate investment:
(categorized by major line of
energy-related business) None Line 4
Difference between the greater of $50
million or 15% of capitalization and
the total aggregate investment of the
registered holding system
(line 3 less line 4) 620,998
Investments in gas-related companies
(in thousands):
Total current aggregate investment:
(categorized by major line of
gas-related business)
Gas sales and storage services $ 21,063
==========
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ITEM 5 - OTHER INVESTMENTS
Major Line of Other Invest- Other Invest- Reason for
Energy-Related ment in Last ment in this Difference in
Business U-9C-3 Report U-9C-3 Report Other Investment
______________ _____________ _____________ ________________
None
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements
Balance sheet as of December 31, 1999 and income statements for the
three and twelve months ending December 31, 1999 of Field Services.
(Filed under confidential treatment pursuant to Rule 104(b))
B. Exhibits
A copy of a service agreement, dated May 22, 1991, between CNG Storage
Service Company and CNG Transmission Corporation is attached as
Exhibit A to the Form U-9C-3 filed for the first quarter of 1999.
The certificate as to filing with interested state commissions is
attached hereto as Exhibit B.
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SIGNATURE
The undersigned registered holding company has duly caused this
quarterly report to be signed on its behalf by the undersigned officer
thereunto duly authorized pursuant to the requirements of the Public
Utility Holding Company Act of 1935.
CONSOLIDATED NATURAL GAS COMPANY
By: N. F. Chandler
Its Attorney
March 30, 2000
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Exhibit B
CERTIFICATE
The undersigned certifies that he is the duly designated and acting
attorney of Consolidated Natural Gas Company, a Delaware corporation
("CNG") and that:
CNG's Quarterly Report on Form U-9C-3 filed pursuant to Rule 58 for
the quarter ended September 30, 1999 was filed with each state commission
having jurisdiction over the retail rates of the public utility companies
that are associate companies of any of the reporting companies.
The names and addresses of such state utility commissions are:
Utilities Department
Public Utility Commission of Ohio
180 Broad Street
Columbus, OH 43266-0573
Executive Secretary
West Virginia Public Service Commission
201 Brooks Street
Charleston, WV 25301
Secretary
Pennsylvania Public Utility Commission
North Office Building
Commonwealth Avenue and North Street
Harrisburg, PA 17101
General Counsel
Virginia State Corporation Commission
1300 East Main Street
10th Floor
Richmond, VA 23219
IN WITNESS WHEREOF, I have hereunto set my hand as of the 30th day of
March, 2000.
N. F. Chandler
Attorney for
Consolidated Natural Gas Company