OEB Issues Decision approving Sarnia Airport Pool Project



    TORONTO, July 28 /CNW/ - Today the Ontario Energy Board (the Board)
issued a Decision with Reasons approving applications by Market Hub Partners
Management Inc. (Market Hub) and AltaGas Ltd. (AltaGas) concerning the Sarnia
Airport Pool project in the City of Sarnia, in the County of Lambton.
    The project is intended to develop and operate approximately 5.26 billion
cubic feet (Bcf) of natural gas working storage. The planned in-service date
is April 2009.
    In its Decision, the Board granted the following approvals with certain
conditions:

    
    -   An Order designating the Sarnia Airport Gas Storage Pool as a gas
        storage area;
    -   Authority to inject gas into, store gas in, and remove gas from, the
        Sarnia Airport Pool;
    -   A favourable report of the Board to the Minister of Natural Resources
        to whom the Applicants have applied for licences to drill three
        injection/withdrawal wells and to re-enter and complete one
        existing well within the proposed Sarnia Airport Pool; and
    -   Leave to construct approximately 18 kilometres of natural gas
        pipeline and associated surface facilities within the proposed Sarnia
        Airport Pool.
    

    The Ontario Energy Board regulates the province's electricity and natural
gas sectors in the public interest. It envisions a viable and efficient energy
sector with informed consumers served by responsive regulatory processes that
are effective, fair and transparent.
    For more information on the Board, please visit our web site at
www.oeb.gov.on.ca or contact the Consumer Relations Centre at 416-314-2455 or
toll-free at 1-877-632-2727.





For further information:

For further information: Paul Crawford, Ontario Energy Board, (416)
440-7607


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