Spectra Energy Corp.'s Algonquin Gas Transmission LLC on Monday launched a nonbinding open season for the proposed Algonquin Incremental Market (AIM) project to deliver additional Appalachian and Marcellus Shale natural gas supplies to markets in the Northeast and New England.
The AIM project would provide shippers with the opportunity to design transportation services from multiple receipt points on the pipeline system to multiple existing and proposed delivery points, Algonquin said. Shippers also may request to increase the capacity at the Algonquin interconnect at Brookfield, CT, to provide incremental gas deliveries into the Iroquois Gas Transmission system via a compression-only service.
"We are seeing significant shifts in the natural gas supply dynamics for the U.S. Northeast and New England markets," said Bill Yardley, who is group vice president of Spectra Energy Transmission, Northeast. "While traditional imports from Canada are declining, we're seeing a dramatic increase in available supply from the Appalachian region, including the Marcellus Shale play.
"Connecting this new supply to these important and growing markets will be highly beneficial to our customers, offering them increased supply diversity and reliability and an enhanced ability to manage price volatility."
The open season ends Feb. 11. For information contact Greg Crisp at (713) 627-4611 or (713) 627-4611. Information is available in the "Growth Projects" section at www.spectraenergy.com.
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