Nova

TransCanada PipeLines and Nova Gas Transmission (NGTL) toldtheir shippers Friday they are looking into expanding theirpipeline systems to increase deliveries to the Pacific Northwest.The companies plan to assess the feasibility of expansions of NGTLand TransCanada’s BC System in British Columbia and are offeringshippers the opportunity to “rationalize” their firm contractholdings on those systems effective November 2002.

With an extra boost from the industry’s newest branch offshoreof Nova Scotia, Canadian natural gas exporters chalked up their13th consecutive annual record during the contract year that endedlast Oct. 31.

With an extra boost from the industry’s newest branch offshoreof Nova Scotia, Canadian natural gas exporters chalked up their13th consecutive annual record during the contract year that endedlast Oct. 31.

Nominations exceeded capacity at NOVA’s Eastern Gate Tuesday,causing a restriction of about 270 MMcf/d, or 46% of IT capability.

To curb growing linepack, NOVA changed its daily imbalancetolerance range to +2%/-18% at noon Tuesday.

Citing “seasonal efficiency adjustments,” NOVA said it woulddecrease its target linepack by about 177 MMcf in gradualincrements by May 29.

Markets in Atlantic Canada and New England won’t be getting anextra gas supply source as soon as previously expected. Maritimes& Northeast Pipeline LLC informed FERC this week that both530/360 MMcf/d Canadian/US pipeline project (Phase II) and theSable Offshore Energy Project (SOEP), which will be the source ofsupply for the pipeline, will not be in service on schedule.

It’s been a year since the completion of its C$11 billion mergerwith Nova Corp., but TransCanada Pipelines finally came through onpromised savings yesterday. The pipeline company said it will give$70 million in merger-related savings to its pipeline customersthrough “targeted operating cost reductions.” An agreement on thereductions was filed with Canada’s National Energy Board and theAlberta Energy and Utilities Board yesterday.

NOVA estimated that repairs to a flange assembly leak on its NorthLateral (see Daily GPI, May 17), whichstarted Wednesday, would take 24-36 hours to complete. Some receiptsupstream of Dusty Lake Compressor Station are being curtailed by thework.