Westcoast Energy Inc., an indirect subsidiary of Spectra Energy Corp., has agreed to sell its ownership interests in Spectra’s Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC (PMC), an indirect subsidiary of Plains All American Pipeline LLC (PAA), for approximately C$200 million (US$150 million) plus customary closing adjustments, the companies said Monday.
Empress
Articles from Empress
TCPL Offers FT Service Open Season
TransCanada PipeLines Ltd. (TCPL) announced a one-year firmtransportation open season on its Canadian Mainline from Empress toseveral points. Bids will be accepted from until Oct. 12.
October 9, 2000
Industry Briefs
TransCanada PipeLines has set an open season through tomorrow forone-year firm maximum rate capacity for 750,000 gigajoules a day fromEmpress to several points on its system. Bids will be accepted for FTcontracts to commence anytime between Nov. 1, 2000 and March 30,2001. The FT space is available to the Saskatchewan, Manitoba orEmerson zones, or there is 300,000 gj/d available to the Eastern Zone(SWDA). TransCanada is not considering annual short haultransportation in the current posting, but may do so in a futureposting. Also, if long haul FT offers are made after tomorrow’sdeadline, the pipeline may initiate a new open season. TransCanadacurrently is not authorized to offer discounted FT, but “we’re alwaysavailable to sell capacity.” Contact Keith Nelson at403-267-1691 or keith_nelson@transcanada.com for information and bidforms or to get on an email or fax list for future postings. Also,current rates, toll schedules, proforma contracts and information isavailable at www.transcanada.com/business/pdftariff
July 10, 2000
TransCanada Looks for Shippers
TransCanada PipeLines has set an open season through tomorrowfor one-year firm maximum rate capacity for 750,000 gigajoules aday from Empress to several points on its system. Bids will beaccepted for FT contracts to commence anytime between Nov. 1, 2000and March 30, 2001. The FT space is available to the Saskatchewan,Manitoba or Emerson zones, or there is 300,000 gj/d available tothe Eastern Zone (SWDA). TransCanada is not considering annualshort haul transportation in the current posting, but may do so ina future posting. Also, if long haul FT offers are made aftertomorrow’s deadline, the pipeline may initiate a new open season.TransCanada currently is not authorized to offer discounted FT, but”we’re always available to sell capacity.” Contact Keith Nelson at403-267-1691 or keith_nelson@transcanada.com for information.
July 10, 2000
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