CHATHAM, ON, Feb. 10 /CNW/ - Union Gas Limited is conducting a non-binding open season to determine market interest in Kirkwall to Dawn transportation service and a new enhanced M12 transportation service offering receipt and delivery point flexibility. Union Gas plans to offer these services beginning as early as September 1, 2011.
These new services will facilitate Shippers' ability to connect new supplies in the Marcellus area with the Dawn Hub. Union Gas is offering a firm westerly Kirkwall to Dawn transportation service to Shippers who deliver gas to Union at Kirkwall on the Union Gas system that want access to the Dawn Hub. In addition, Union Gas is also offering a new enhanced transportation service that allows Shippers the flexibility to transport gas on a firm bi-directional basis between Kirkwall, Parkway and Dawn. The rates for these two new services are subject to Ontario Energy Board approval.
"These new services will facilitate Shippers ability to connect new supplies in the Marcellus Shale producing region with the storage capacity and liquidity of the Dawn Hub. The new transportation services offer enhanced flexibility by allowing Shippers access to the Dawn Hub and the ability to deliver gas to all downstream consuming markets in Ontario, Quebec or the U.S. Northeast," said Steve Baker, vice president, business development, Union Gas. "Attracting Marcellus gas production to the Dawn Hub will further enhance its market depth and overall liquidity."
To facilitate these services, Union Gas plans to modify its existing Kirkwall meter station to support natural gas receipts of up to 1.5 billion cubic feet per day.
The open season closes on March 9, 2010. For additional information, visit http://uniongas.com/openseason, contact your sales representative or Tina Hodgson, Union Gas Limited, (519) 436-4606 or firstname.lastname@example.org.
About Union Gas
Union Gas is an integrated natural gas storage, transmission and distribution company serving approximately 1.3 million customers, and is a Spectra Energy company. Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 19,100 miles of transmission pipeline, more than 285 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy was recently ranked by FORTUNE as the world's "most admired" pipeline company. For more information, visit www.spectraenergy.com.
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The statements in this news release regarding future events and other statements that are not historical facts are forward-looking statements. Forward-looking statements represent Spectra Energy's intentions, plans, expectations, assumptions and beliefs about future events. This release includes forward-looking statements concerning future capital developments, including the anticipated timing of planned capital expansions and anticipated pipeline capacity resulting from such expansions. Such statements are subject to risks, uncertainties and other factors, many of which are outside the control of Spectra Energy and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. Those factors include: the timing and success of efforts to develop infrastructure projects; the timing and receipt of required regulatory approvals; the timing and receipt of sufficient capacity commitments for the described project; fluctuations in the demand for natural gas in the markets serviced by the described project. These factors, as well as additional factors that could affect such forward-looking statements, are described in Spectra Energy's filings with the SEC. These filings are available via the SEC's website at www.sec.gov. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Union Gas Limited
For further information: For further information: Andrea Stass, Manager, Public Affairs and Media Relations Union Gas Limited, Ph: (519) 436-5490 or 1-800-571-8446 ext. 5490, Cell: (519) 365-1010, Fax: (519) 436-4621, E-mail: email@example.com