TransCanada Files Interim Toll Hike
TransCanada PipeLines filed applications with the National
Energy Board and the Alberta Energy and Utilities Board last week
for significant interim toll hikes on its Canadian Mainline and
Alberta natural gas transmission systems. The requested tolls would
go into effect Jan. 1, 2001.
"These are interim tolls only," said TransCanada CEO Doug
Baldwin. "We continue to negotiate with shippers and customers on
new tolls and services and toward a new regulatory framework. We
remain diligent in our negotiations."
Firm transportation service from the Alberta border to
TransCanada's Eastern Zone is commonly used as the benchmark for
tolls on the Canadian Mainline. TransCanada applied for an interim
firm transportation toll of $1.132 per gigajoule from the Alberta
border to the Eastern Zone, compared to the current toll of $1.009
per gigajoule. For its Alberta System, the company applied for an
interim firm transportation toll of $0.327/Mcf to the company's
provincial export points, compared to the current toll of
$0.310/Mcf. Firm transportation service to the company's Alberta
export points is commonly used as the benchmark for tolls on the
The pipeline lost a significant amount of long-term firm
customers to the Alliance Pipeline, which went into services this
month with 1.325 Bcf/d of new firm transportation capacity to the
Chicago Hub from northern British Columbia and Alberta. TransCanada
transports the majority of western Canada's gas production, with
60% of total volume delivered to the United States.
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