Pricing Supplement No. 12 Filing under Rule 424(b)(3)
Dated June 21, 1994 Registration No. 33-64014
(To Prospectus dated June 17, 1993)
$150,000,000
NORTHWEST NATURAL GAS COMPANY
Secured Medium-Term Notes, Series B
(A Series of First Mortgage Bonds)
and
Unsecured Medium-Term Notes, Series B
Due from Nine Months to 30 Years from Date of Issue
CUSIP No.: 66765R AT 3
Secured X Unsecured
Principal amount ($): $10,000,000
Issue price (%): 100.00%
Agent's commission (%): 0.400%
Proceeds to Company (%): 99.600%
Stated interest rate (%): 8.26%
Maturity date: September 21, 2014
Original issue date: September 21, 1994
Redeemable: Yes No X
In whole
In whole or in part
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The Agent for the Notes offered hereby is:
FIRST CHICAGO CAPITAL MARKETS, INC.
Accordingly, as used in the accompanying Prospectus, the terms
"Agent" and "Agents" mean First Chicago Capital Markets, Inc. and
not the Agents named in the cover page thereof.
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THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED
BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE
SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE
COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON
THE ACCURACY OR ADEQUACY OF THIS PRICING SUPPLEMENT OR
THE ACCOMPANYING PROSPECTUS. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.
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NORTHWEST NATURAL GAS COMPANY
220 N. W. Second Avenue
Portland, Oregon 97209
(503) 220-2411
June 23, 1994
Securities and Exchange Commission
450 Fifth Street, N. W.
Washington, D. C. 20549
Re: Northwest Natural Gas Company
Registration No. 33-64014
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Gentlemen:
Pursuant to the requirements of Rule 424(b)(3) of the
Rules and Regulations of the Securities and Exchange Commission
under the Securities Act of 1933, as amended, we transmit
herewith through the EDGAR System the Company's Pricing
Supplement No. 12, dated June 21, 1994, to a Prospectus which is
a part of the above Registration, relating to the issuance of the
Company's Medium-Term Notes.
Very truly yours,
Bruce R. DeBolt
Senior Vice President and
Chief Financial Officer
