GAS DISTRIBUTION
TransCanada has successfully concluded a long-term, fixed-price open season to transport natural gas on the Canadian Mainline from the Empress receipt point, in Alberta, to the Dawn hub, in Southern Ontario, netting new long-term contracts for 1.5 PJ/d from Western Canada Sedimentary Basin (WCSB) gas producers. The WCSB continues to boast production levels at rates that exceed current demand in Western Canada, prompting producers to increasingly look for access to markets beyond the Canadian AB-NIT market hub. Similarly, eastern markets are increasingly interested in new supplies into commercial hubs that are nearby consuming locations.
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