Exporters

Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.

Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.

Canadian exporters got off to a spectacular start, piling up a 253% increase in revenues from sales to the United States during the first quarter of the current natural gas contract year. In Canadian dollars, the value of gas exports shot up to $11.6 billion during the three months that ended Jan. 31 compared to $3.28 billion in the same period of 1999-2000, according to records kept by the National Energy Board.

Canadian exporters got off to a spectacular start, piling up a 253% increase in revenues from sales to the United States during the first quarter of the current natural gas contract year. In Canadian dollars, the value of gas exports shot up to $11.6 billion during the three months that ended Jan. 31 compared to $3.28 billion in the same period of 1999-2000, according to records kept by the National Energy Board.

While geologists, engineers and regulators continue to study how much more there can be, producers and exporters are showing that western Canadian natural gas supplies are still growing.

While geologists, engineers and regulators continue to study how much more there can be, producers and exporters are showing that western Canadian natural gas supplies are still growing.

Two producers-Husky Oil Ltd. and Renaissance Energy Ltd.- havejumped into the ranks of top 10 Canadian suppliers of natural gasto the United States, according to a scorecard kept by the U.S.Department of Energy’s Office of Fossil Energy.

Two producers-Husky Oil Ltd. and Renaissance Energy Ltd.-havejumped into the ranks of top 10 Canadian suppliers of natural gasto the United States, says a scorecard kept by the U.S. Departmentof Energy’s Office of Fossil Energy.

Amid warnings that natural gas supplies are poised to tighten upin the United States, Canadian exporters are lining up to fill anygap. As Joe Foster, chairman of the U.S. National PetroleumCouncil, voiced concerns over the future of American supplies,ProGas Ltd. filed the first application to Canada’s National EnergyBoard for a long-term license for exports via Alliance PipelineProject as soon as it is completed in October of 2000.