A recent open season for short-term natural gas capacity on the Alliance Pipeline was “nearly three times oversubscribed,” and the system is now fully contracted for 2022, according to Pembina Pipeline Corp.

CEO Michael Dilger discussed third quarter results during a recent earnings conference call and offered some insight into 2022 expectations. 

Alliance over the long term “offers reliable and highly competitive access to the midwestern U.S. gas markets, as well as a conduit to the Gulf Coast” and the liquefied natural gas (LNG) export market. 

“The current outlook also supports contracting of capacity beyond 2022 and we look forward to providing further updates by the end of the year,” Dilger said.

The 2,391-mile Alliance system moves gas from the Western...