Printer Friendly

NOVA CORP. OF ALBERTA ANNOUNCES REPAIRS ON RUPTURE PROGRESSING

 NOVA CORP. OF ALBERTA ANNOUNCES REPAIRS ON RUPTURE PROGRESSING
 CALGARY, Alberta, Jan. 9 /PRNewswire/ -- Repairs to a rupture on the NOVA Corp. of Alberta (NYSE, Toronto, Montreal, Calgary: NVA) natural gas pipeline system are under way and by Friday, Jan. 10, 1992, exports will be restored to near normal levels.
 The incident occurred at approximately 12:30 a.m. on Wednesday, Jan. 8, 1992, at the James River interchange, a major pipeline junction on the NOVA system located about one-half mile north of NOVA's Schrader Creek compressor station, which was not damaged. Schrader Creek is 10 miles south of Caroline, Alberta.
 The break resulted in a short-term reduction on Tuesday in NOVA's daily gas transportation capability at the Alberta-British Columbia border point to 500 million cubic feet from 1.6 billion cubic feet; and at its Empress and McNeill border points on the Alberta- Saskatchewan border to 3.9 billion cubic feet from 5.8 billion cubic feet. For today, repair work already completed will increase volume on the eastern border to 4.2 billion cubic feet and by Friday, to 100 percent of normal levels. On Friday, volume at the Alberta- British Columbia border will be restored to 95 percent of normal levels.
 Repair work began late yesterday and will continue around the clock until it is completed. Cost of repairs to the damaged facilities is estimated at $7 million. Volume of natural gas lost is estimated at 325 million cubic feet, with a value of approximately $500,000.
 The sweet natural gas escaping from the rupture caught fire in three places at the site. There were no injuries related to the incident and there was no danger to the public. Other than damage to an adjacent farm property and a nearby power line, damage was limited to NOVA facilities. Pipeline valves upstream and downstream of the rupture were closed to stop the flow of gas and put out the fires.
 It will be some weeks before NOVA completes its investigation of the cause of the rupture. A preliminary assessment indicates that a metallurgical failure occurred at a section of pipe interconnecting two mainline systems.
 All public authorities responded to the incident in a timely, professional and cooperative manner. Natural gas producers and shippers on the NOVA system and inter-connecting pipelines moved quickly to assist with numerous increases and decreases in gas supplies that were required.
 NOVA is a widely held company operating internationally from headquarters in Calgary, Alberta, Canada. NOVA builds its future on pipelines, and the manufacturing and marketing of chemicals processed primarily from Alberta natural resources.
 -0- 1/9/92
 /CONTACT: R.B. Snyder of NOVA Corp. of Alberta, 403-423-6344/
 (NVA.) CO: NOVA Corp. of Alberta ST: Alberta IN: OIL SU:


KJ -- LA029 -- 8316 01/09/92 14:57 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 9, 1992
Words:464
Previous Article:THE NWNL COMPANIES DECLARES QUARTERLY DIVIDEND
Next Article:IBM BECOMES OFFICIAL NBA SPONSOR
Topics:


Related Articles
NOVA CORPORATION OF ALBERTA REPORTS RUPTURE ON NATURAL GAS PIPELINE
NOVA CORPORATION OF ALBERTA ANNOUNCES LETTERS OF CREDIT ARRANGED
NOVA CORPORATION OF ALBERTA ANNOUNCES RECORD VOLUMES OF NATURAL GAS
NOVA'S ALBERTA GAS TRANSMISSION DIVISION REPORTS SIXTH SUCCESSIVE YEAR OF RECORD GAS DELIVERIES
NOVA CORP. TO SELL GAS PRODUCTION SUBSIDIARY
NOVA CORP. ANNOUNCES THIRD QUARTER RESULTS
NOVA CORP. SELLING ALBERTA GAS SUBSIDIARY TO SEAGULL ENERGY OF HOUSTON
NOVA CORP. TO PURCHASE 36.5 PERCENT INTEREST IN NATURAL GAS CLEARINGHOUSE OF HOUSTON
NOVA CORP. PROPOSES CHANGES TO SHAREHOLDER RIGHTS PLAN
NGC CORP. AND NOVA CORP. ANNOUNCE PLANS TO COMBINE PAN-ALBERTA GAS WITH NOVAGAS CLEARINGHOUSE

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters