COLUMBIA SEEKS TO HALT HIGH COST GAS BUYS

Columbia Gas Transmission Corp. has identified for a U.S. bankruptcy court more than 4,1 00 wellhead gas purchase contracts it seeks to cancel. The subsidiary of Columbia Gas System Inc. said the contracts collectively make its gas sale prices noncompetitive. And it later may propose more contracts for rejection. Columbia Transmission has more than 5,000 gas purchase contracts.

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