CALGARY, May 22, 2014 /CNW/ - Alliance Pipeline announced today it has
filed an application with Canada's National Energy Board (NEB) for
regulatory approval of the tolls and tariff provisions Alliance
requires to implement its proposed new services.
The NEB application is a key milestone for Alliance as it negotiates new
natural gas transportation agreements and moves to a new business
model. Regulatory approval would allow Alliance to offer its customers
a menu of new services and competitive tolls replacing 15-year firm
service contracts that expire November 30, 2015.
"Our new services offering represents a compelling value proposition for
shippers and paves the way to remain highly utilized beyond 2015," said
Terrance Kutryk, President and CEO. "Our offering is customer-focused,
competitive and enables shippers and Alliance to be responsive to
evolving market conditions."
Alliance's new services offering reflects extensive market consultation
and includes full-path and segmented receipt and delivery services, a
new Canadian trading pool and a revised hydrocarbon dewpoint (HCDP)
Alliance plans to file a regulatory application with the Federal Energy
Regulatory Commission in 2015 to revise its U.S. tariff.
Background on Alliance's proposed new services.
About Alliance Pipeline
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, an affiliate of Enbridge
Income Fund Holdings Inc. (TSX:ENF), 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. (TSX:ENB) (NYSE: ENB) and Veresen Inc. (TSX:VSN).
PDF available at: http://stream1.newswire.ca/media/2014/05/22/20140522_C9617_DOC_EN_40674.pdf
SOURCE: Alliance Pipeline Limited Partnership
For further information:
To arrange an interview, please contact:
NATIONAL Public Relations
(403) 531-0331 ext. 256
For more information:
Alan Roth, Alliance Pipeline Corporate Communications
Tel: (403) 517-7742