UNION GAS ANNOUNCES OPEN SEASON FOR NEW PIPELINE, CONNECTING PARKWAY TO MAPLE
March 13, 2012
CHATHAM, ON – Union Gas Limited is holding a binding open season to solicit market support for new firm transportation capacity originating from an interconnect near the existing Union Gas Parkway compressor station to a new interconnect with the TransCanada system at or near Maple (the "Parkway Extension Project").
The Parkway Extension Project will provide firm transportation capacity of over 0.5 PJ/d from Parkway to Maple.
This project will be an extension of the Union Gas Dawn to Parkway system that will provide secure access to diverse supplies of natural gas from the Union Gas Dawn Hub and serve a growing demand for natural gas in central, eastern and northern Ontario as well as Quebec and the U.S. Northeast. The Parkway Extension Project will give consumers a new transportation option that will increase supply diversity, while supporting the development of new natural gas infrastructure in Ontario.
Enbridge Gas Distribution Inc. is considering a pipeline project commencing at a new interconnect near the Union Gas Parkway compressor station that will upgrade its distribution system in the Greater Toronto Area. The Parkway Extension Project will consist of a segment of pipeline that will be jointly owned by Union Gas and Enbridge Gas Distribution and a second segment of pipeline that will be wholly owned by Union Gas.
"There are tremendous synergies created by Union Gas and Enbridge working together to build this important new infrastructure," said Mark Isherwood, vice president of business development, storage and transmission at Union Gas. "The Parkway Extension Project will enhance Ontario’s ability to access diverse and competitive supply sources, which will support a growing Ontario economy and an increasing demand for affordable and reliable energy."
Several key potential Shippers, including both Enbridge Gas Distribution and Gaz Métro Limited Partnership, have expressed interest in the proposed service that will provide increased diversity of supply and competitive energy options for Ontario and Quebec.
The Open Season is also seeking interest in transportation service on the Union Gas Dawn to Parkway system to provide capacity to feed the new pipeline. Shippers may bid on firm transportation from the Dawn Hub, Kirkwall, or Parkway to the new interconnect at Parkway or to Maple for service starting in 2014. Union Gas is conducting the binding open seasons from March 13, 2012 through May 4, 2012.
Open Season Contact
For additional information, visit www.uniongas.com/openseason, contact your sales representative or:
Dale Van Der Meersch
Union Gas Limited
Union Gas Limited is a major Canadian natural gas storage, transmission and distribution company based in Ontario with 100 years of experience and service to customers. The distribution business serves about 1.4 million residential, commercial and industrial customers in more than 400 communities across northern, southwestern and eastern Ontario. Union Gas's growing storage and transmission business offers premium storage and transportation services to customers at the Dawn Hub, the largest underground storage facility in Canada and one of the largest in North America. It offers customers an important link in the movement of natural gas from Western Canadian and U.S. supply basins to markets in central Canada and the northeast U.S. Union Gas, one of Canada's Top 100 Employers for 2012, is a Spectra Energy (NYSE: SE) company with assets of $5.6 billion and approximately 2,200 employees. For more information, visit uniongas.com.
Manager, Internal and Executive Communications, Union Gas Limited
Ph: 519 436-5424 or 1-800-571-8446 ext. 5424
Cell: 519 359-5571 Fax: 519 436-4621