Westcoast Energy Announces Open Season On Southern Mainline and Westcoast Alberta Facilities.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--April 19, 2001 Westcoast Energy Inc. (Westcoast) (NYSE NYSE See: New York Stock Exchange :WE)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :W.) announced today an open season for additional transportation service on its Southern Mainline mainline Drug slang verb To inject a drug and Westcoast Alberta facilities, carrying gas from producing areas in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Alberta and the southern Northwest Territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon. , to the B.C. Lower Mainland The Lower Mainland is the name that residents of British Columbia apply to the region surrounding the City of Vancouver. According to the 2001 census, over 2.2 million people live in the region; sixteen of the province's thirty most populous municipalities are located there and the U.S. Pacific Northwest. This additional service is a result of the proposed expansions of its facilities, which would have anticipated in-service in-service In-service training adjective Referring to any form of on-the-job training noun In-service training of an employee dates of November 1, 2003. "The proposed Westcoast expansions on the Southern mainline and Westcoast Alberta facilities are being driven by the continued growth in British Columbia and the U.S. Pacific Northwest gas demand, much of it for power generation. This demand growth, combined with substantial supply additions in B.C., Alberta and southern Northwest Territories producing areas, has created the need for additional pipeline capacity," said Doug Haughey, President, Westcoast Energy Pipeline and Field Services Divisions. "The Westcoast Energy Inc. pipeline system in British Columbia is ideally positioned to link this growing market demand to growing supply areas," he noted. Southern Mainline The additional firm transportation service on the Southern mainline, would be made available through a pipeline expansion of approximately 200 MMcf/d (5,666 103m3) consisting of a combination of additional pipeline and compression facilities. "This allows us to respond quickly and efficiently to the pipeline infrastructure constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. into the B.C. Lower Mainland / U.S. Pacific Northwest regions
The Northwest Region , allowing Canadian natural gas supplies to flow to these markets. While we are anticipating a 2003 in-service date for the new capacity, we will make every effort to make some of the additional capacity available sooner," he outlined. Westcoast will apply to the National Energy Board (NEB) to toll the Southern mainline expansion facilities on a rolled-in basis using Westcoast's authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: toll methodology. "We expect that customers will see a nominal toll increase in the range of (Cdn) $0.01 to (Cdn) $0.02 per Mcf as a result of this Southern mainline expansion," said Mr. Haughey. Westcoast Alberta In addition, Westcoast is also conducting an open season for 100 MMcf/d (2,833 103m3) of additional firm service on some segments of its Westcoast Alberta system, carrying gas west from Alberta, via Gordondale into B.C. The proposed in-service date is November 1, 2003. "We believe that the expansion of this portion of the Westcoast Alberta mainline facilities will provide customers with additional and enhanced access the growing supplies in the Alberta producing area," said Mr. Haughey. "This expansion would be extremely cost effective. We estimate that the Westcoast Alberta toll would increase by less than half a cent," explained Mr. Haughey. Prospective shippers interested in acquiring firm service transportation must submit a request for service. These requests will be considered by Westcoast to be firm, binding commitments for expansion service awarded to successful participants during the open season. The open season term concludes prior to12 noon MDT MDT abbr. Mountain Daylight Time MDT (in the US and Canada) Mountain Daylight Time MDT n abbr (US) (= mountain daylight time) → on May 31, 2001. Westcoast is currently examining the need for an expansion of its other Northern mainline segments and anticipates holding an open season for this service early in the third quarter, 2001. The in-service date of the additional Northern mainline expansion facilities would coincide with the in-service date of both the currently proposed Southern mainline and Westcoast Alberta expansion facilities. To obtain more information, please contact Gary Weilinger, Director, Marketing, Westcoast Pipeline and Field Services Divisions (403) 216-0523. Additional information is available at www.wei-pipeline.com. Westcoast Energy Inc. (TSE: W; NYSE: WE) headquartered in Vancouver, British Columbia, 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 with assets of approximately $15 billion. The Company's interests include natural gas gathering, processing, transmission, storage and distribution, as well as power generation, international energy businesses, and financial, information technology and energy services businesses. More information is available on the Company's Web site at www.westcoastenergy.com. |
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