Alliance Pipeline Launches New Market Hub

CALGARY, Nov. 30, 2011 /CNW/ - As of December 1, 2011, Alliance Pipeline will offer a new suite of services that leverage Alliance's interconnections to other pipelines and downstream markets with the creation of a market hub called the Alliance Chicago Exchange ("ACE Hub").

The ACE Hub will offer enhanced title transfers, wheeling, and park and loan services at Alliance's delivery header near Channahon, Illinois, to existing Alliance shippers and new customers. ACE Hub customers will be able to transfer ownership to third parties, flexibly manage gas volumes between points, and defer and supplement their deliveries at the header. An associated long haul contract is not required.

"We are excited about our entry into the natural gas hub business, which diversifies our service offerings and provides valuable options for Chicago-area shippers and marketers," said Keith Palmer, Alliance's Senior Vice President and CFO. "Our Chicago gas market location ideally positions us to give customers access to greater commercial liquidity and greater delivery flexibility."

The ACE Hub was given Federal Energy Regulatory Commission approval on November 29, 2011, and represents an important step forward in Alliance's development of new service offerings. ACE Hub services are available through Alliance's Customer Service group to any qualifying parties wishing to conduct business on the Hub.

About the Alliance Pipeline system:

The Alliance Pipeline system consists of an approximately 2,311-mile integrated Canadian and U.S. high-pressure natural gas transmission pipeline system, delivering rich natural gas from the Western Canadian Sedimentary Basin and the Williston Basin to the Chicago market hub. The United States portion of the system is owned and operated by Alliance Pipeline L.P. and consists of approximately 900 miles of mainline and related infrastructure. The system has been in commercial service since December 2000 and delivers, on average, about 1.6 billion standard cubic feet (or 45.3 million standard cubic metres) of natural gas per day. More information about the company is available at www.alliancepipeline.com.

Alliance Pipeline Limited Partnership ("Alliance Canada") owns the Canadian portion of the Alliance Pipeline system. Alliance Canada is owned 50 percent each by Enbridge Income Fund and Veresen Inc. (TSX: VSN).

Alliance Pipeline L.P. ("Alliance U.S.A.") owns the U.S. portion of the Alliance Pipeline system. Alliance U.S.A. is owned 50 percent each by Enbridge Inc. (NYSE, TSX: ENB) and Veresen Inc. (TSX: VSN).

SOURCE Alliance Pipeline Limited Partnership

For further information:

MEDIA   CUSTOMER INQUIRIES
Alan Roth
Corporate Communications
(403) 517-7742
alan.roth@alliancepipeline.com



Cathie Legge
Customer Service Manager
(403) 517- 6585
cathie.legge@alliancepipeline.com

 

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Alliance Pipeline Limited Partnership

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Alliance Pipeline Ltd.

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