Portland General Electric Company

Original Volume No. 1

Effective Date: 12/03/2003, Docket: RP04- 48-000, Status: Effective

Original Sheet No. 2 Original Sheet No. 2 : Effective

PRELIMINARY STATEMENT RELATED

TO FERC GAS TARIFF, ORIGINAL VOLUME NO. 1

CONTAINING TRANSPORTATION RATE SCHEDULES

Portland General Electric Company ("Portland General" or "Transporter")

is a "natural gas company" as defined by the Natural Gas Act and "an interstate

pipeline" as defined by the Natural Gas Policy Act of 1978. As such, Portland

General is subject to the jurisdiction of the Federal Energy Regulatory

Commission. Portland General is engaged in the transportation in interstate

commerce, of natural gas for Shippers, pursuant to the regulations of the

Federal Energy Regulatory Commission.

Portland General owns a percentage of a pipeline system extending from a

point near Kelso, Washington to a terminus point near Port Westward, Oregon

(the "Kelso-Beaver Pipeline"). The Kelso-Beaver Pipeline is owned 79.5% by

Portland General, 10% by KB Pipeline Company, and 10.5% by B-R Pipeline Company

as tenants-in-common. The pipeline ownership, construction and operation is

subject to The Agreement for the Ownership, Construction, and Operation of the

Kelso-Beaver Pipeline dated March 14, 1991 (as supplemented by the "Partial

Assignment, Adoption and Ratification Agreement" dated August 31, 2000). The

Kelso-Beaver Pipeline is depicted on the map constituting Sheet No. 3 of this

Tariff. The services provided under this Tariff are provided by Portland

General within its capacity pursuant to its percentage ownership of the

Kelso-Beaver Pipeline.

This Tariff contains transportation rate schedules available

for Shippers with whom Portland General contracts through executed Service

Agreements for the transportation of natural gas. It is the policy of

Portland General to undertake the transportation of gas only pursuant to

written contracts with eligible customers upon the terms and conditions set

forth in this Tariff, executed on a non-discriminatory basis after

consideration of Portland General's existing commitments, delivery capacity,

points of delivery and other relevant factors.