Algonquin Holds Open Season for HubLine
Duke Energy's Algonquin Gas Transmission announced an open
season for its proposed HubLine Pipeline last week. Algonquin began
receiving offers for capacity on the 600,000 Dth/d HubLine, which
will connect Algonquin to the proposed Maritimes & Northeast
pipeline, on July 20. It will conclude Aug. 12. Service is expected
to commence in 2002 and nominations for services starting at
different periods will be accepted and evaluated. If this open
season is deemed successful, Duke will file the project at FERC
before the end of this year.
The $300 million HubLine project would extend from a Maritimes
Pipeline connection in Plaistow, NH, under water along the eastern
seaboard of the Massachusetts Bay for 24 miles to link with
existing Algonquin facilities near Boston. Gas would be transported
at a pressure of 1,200 psi, which is high enough to accommodate all
electric turbines, Algonquin said. Shippers would have access to
Sable Island gas through Maritimes, domestic supply through
Algonquin's existing system and possibly LNG from Algonquin's
liquefaction facilities near Boston.
"The recent electric power peak demand throughout the Northeast
demonstrates the need for additional clean and efficient gas-fired
generation in the Northeast. HubLine offers a unique opportunity to
bring new high pressure gas supplies deep into the market,
increasing operating efficiencies and flexibility," said Tom
O'Connor, vice president of marketing for Duke Energy's Northeast
The HubLine project was first announced in April of last year.
O'Connor said market timing was the main reason why an open season
was not held sooner. "After announcing the project, we worked
closely with the market-makers on demand and timing issues. As we
got feedback, we realized that the best time for an in-service date
was in 2002, which makes now a good time to hold the open season.
Also, the past year has brought a higher level of certainty and
definition to the Maritimes project, which was a factor as well."
For more information about the HubLine open season call Pat
Whitty at (617) 560-1447. John Norris
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