ANR Pipeline Co., ANR Storage Company and Great Lakes Gas Transmission LP (GLGT) announced the commencement of a nonbinding open season for up to 35 Bcf of firm storage service and associated firm storage-related transportation services utilizing new and/or existing storage and pipeline facilities. The STEP 2010 open season began Thursday and will close at 2 p.m. CDT on Nov. 7.

The project will provide storage service for gas sourced off of the GLGT, TransCanada Pipelines Ltd. (TCPL) and ANR systems, including prospective interconnects along ANR’s Southeast Mainline with Rockies Express at ANR/Shelbyville and with multiple pipelines sourcing expanding Fayetteville and Barnett Shale production. The project will be capable of delivering storage volumes to markets off of the ANR and GLGT systems as well as into TCPL for redelivery to TCPL’s Canadian Mainline markets in Ontario and the U.S. Northeast gateways. The indicative price for the 70 day ratcheted firm storage service is $1.50/Dth with a minimum term of five years. The targeted in-service date is April 1, 2010.

TCPL will soon be initiating its own nonbinding open season process for capacity connecting services on ANR, Great Lakes and Canadian Mainline systems. Together, the two coordinated open seasons will enable the companies to fully assess the interest level for storage service and storage-related transportation service from existing and developing supply basins to proposed Michigan storage assets and from those storage assets to the market base they serve in the United States and Canada.

Information and details related to the STEP 2010 Storage Expansion Project and open season are available on the ANR website at www.anrpl.com/Open_Seasons and on the GLGT website at www.glgt.com/step_2010.

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