A continental supply and demand analysis released by TransCanadaPipelines in its most recent Update projects the North American gasmarket will grow to 87 Bcf/d by 2010 from 68 Bcf/d in 1998, a 28%increase, with gains made in every region of the continent.

TransCanada’s forecast has the West South Central region of theU.S. making the greatest volume gains, with a demand increase of 3Bcf/d over the period to a total of 20.6 Bcf/d, continuing its leadamong the geographic divisions. That region is followed by theNortheast with an increase of 2.8 Bcf/d to 11.2 Bcf/d, and by theSouth Atlantic with an increase of 2.5 Bcf/d to an average of 7.6Bcf/d in 2010. The South Atlantic also shows the largest percentagegain, 49%, although the Canadian Maritimes region is due to makeits gas demand debut during the period with 0.5 Bcf/d ofconsumption by 2010. TransCanada projects demand volumes in theMidwest will grow 1.9 Bcf/d, or 18%, to a total of 12.7 Bcf/d, anddemand in the West to increase 2.3 Bcf/d to 10.2 Bcf/d, a 29% jump.

On the supply side, the pipeline company sees the Gulf Coast,onshore and offshore, showing the greatest growth by volume, with a9.2 Bcf/d increase to 36.4 Bcf/d by 2010 from 1997 levels of 27.2Bcf/d. The Western Canadian Sedimentary Basin comes in second withan increase of 6.3 Bcf/d to 21.8 Bcf/d by 2010. In addition, theRockies are expected to grow a total of 2.4 Bcf/d to 5.7 Bcf/d, andthe Sable Offshore Energy Project is expected to be contributing1.1 Bcf/d by 2010.

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