TransCanada ends open season on new tolling option
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
TransCanada Corp. has announced its decision not to proceed with its new, long-term, fixed-price proposal to flow natural gas along the Canadian Mainline from the Empress receipt point in Alberta to the Dawn hub in Southern Ontario.
Stephen Clark, TransCanada's Senior Vice President and General Manager, Canadian Natural Gas Pipelines, said: "The Open Season for the proposed service resulted in bids that fell well short of the volumes required to make the proposal viable.
"The Canadian Mainline system continues to be commercially supported and an important piece of energy infrastructure that connects the country's most prolific supply basin with North America's highest value markets."
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/16112016/transcanada-ends-open-season-on-new-tolling-option/
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