NEB Approves Vantage Pipeline Project

CALGARY, Jan. 19, 2012 /CNW/ - In a decision issued today, the National Energy Board (NEB or Board) announced its approval of the Vantage Pipeline Project (the project) submitted by Vantage Pipeline Canada ULC, formerly Vantage Pipeline Canada Inc. (Vantage).

The $240 million project will carry liquid ethane from Hess Corporation's natural gas processing plant near Tioga, North Dakota, United States (U.S.) through Saskatchewan to interconnect with the Alberta Ethane Gathering System (AEGS) near Empress, Alberta (AB). The liquid ethane transported by the pipeline will be used by Alberta's petrochemical industry.

The Board is satisfied with the evidence provided by Vantage that Alberta's domestic ethane supply is declining and will continue to decline for some time. Vantage demonstrated that there will be sufficient future ethane supplies and processing capacity for the project to be viable over its economic life.

The Canadian portion of the project would involve the construction and operation of approximately 578.3 kilometres (km) of new 273 mm (NPS 10) outside diameter (OD) high vapour pressure (HVP) steel pipeline, from the Canada-U.S. border near Beaubier, Saskatchewan to the AEGS near Empress, AB. The pipeline route is approximately 573.8 km in Saskatchewan and 4.5 km in Alberta. Vantage has routed the pipeline so that it will be within or alongside existing pipelines and road right of way (RoW) for approximately 503.7 km.

The NEB is an independent federal regulator of several parts of Canada's energy industry. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest.

SOURCE National Energy Board

For further information:

This news release is available on the NEB's Internet site at www.neb-one.gc.ca under What's New!

Erin Dottor (erin.dottor@neb-one.gc.ca)
Communications Officer
Telephone: 403-299-3712
TTY (teletype): 1-800-632-1663

For a printed copy of Reasons for Decision OH-3-2011:

National Energy Board
Ground Floor
444 Seventh Avenue SW
Calgary, Alberta
T2P 0X8
E-mail: library@neb-one.gc.ca
Telephone: 403-299-3561
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5576
Telecopier (toll free): 1-877-288-8803
TTY (teletype): 1-800-632-1663


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