Northern Border Partners, L.P. Announces New Partnership Policy Committee Member.Business/Energy Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Aug. 19, 2002 Northern Border Partners, L.P. (NYSE NYSE See: New York Stock Exchange :NBP NBP Narodowy Bank Polski (Polish: National Bank of Poland) NBP Name Binding Protocol NBP National Braille Press NBP National Bank of Pakistan NBP National Biosolids Partnership NBP Nathaniel B. ) announces that Paul F. MacGregor was appointed to serve on the Partnership Policy Committee, Northern Border Partners' governing body. Mr. MacGregor was selected by TransCanada PipeLines Limited (TransCanada) as a result of its recent acquisition of Northwest Border Pipeline Company, the subsidiary of The Williams Companies that holds 0.35 percent of the combined two percent general partner interest in Northern Border Partners. Mr. MacGregor will also serve on the management committee of Northern Border Pipeline Northern Border Pipeline is a natural gas pipeline which brings gas from Canada through Montana, North Dakota, South Dakota, Minnesota, and Iowa into the Chicago area. It is owned by ONEOK Partners and TC Pipelines. Its FERC code is 89.[1] Reference 1. Company. "For over 20 years, we have had an excellent working relationship with TransCanada at Northern Border Pipeline and we look forward to continuing that relationship with them at the Northern Border Partners level," said Bill Cordes, chairman of the Partnership Policy Committee. As a result of the acquisition, TransCanada holds a voting interest of 17.5 percent on the Partnership Policy Committee. The remaining general partner interest is held by two subsidiaries of Enron Corp. In addition, TransCanada and its affiliate, TC PipeLines, L.P., a publicly traded limited partnership of which a subsidiary of TransCanada is the general partner, hold an aggregate 42.25 percent of the voting power of the Northern Border Pipeline management committee and has the right to designate two of its four members. Northern Border Partners, L.P. owns a 70 percent general partner interest in Northern Border Pipeline Company, which owns a 1,249-mile interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the Midwestern United States. Additionally, the Partnership owns the 350-mile long Midwestern Gas Transmission Midwestern Gas Transmission is a natural gas pipeline which takes natural gas from the Chicago area and brings it down into the Ohio River Valley, although it has occasionally flowed in the opposite direction. It is owned by ONEOK Partners. Its FERC code is 5. system, which stretches from Portland, Tennessee to Joliet, Ill. The Partnership also has gathering systems and processing plants in the Powder River, Wind River, and Williston Basins in the U.S.; owns and operates processing plants and gathering pipelines in Alberta, Canada; and transports coal-water slurry via a pipeline in the southwestern U.S. Northern Border Partners' information may be found at http://www.northernborderpartners.com/. TransCanada PipeLines Limited is a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. energy company. It is focused on natural gas transmission and power services. The Company's network of pipeline transports the majority of western Canada's natural gas production to markets in Canada and the U.S. The Company's common shares trade under the symbol TRP Trp tryptophan. TRP traumatic reticuloperitonitis. Trp tryptophan. on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Toronto exchanges. Additional information may be found at http://www.transcanada.com |
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