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CALGARY, Alberta, March 28, 2018 -- Alliance Pipeline Ltd. (“Alliance”) today announced a binding open season for expansion capacity commitments. The open season is for an estimated 400 million cubic feet per day of additional firm service, commencing at an anticipated in-service date in the fourth quarter of 2021. The two-month open season begins March 28, 2018 and closes May 30, 2018.
Alliance receives natural gas in British Columbia, Alberta and North Dakota and carries it to the Chicago market, delivering about 1.6 billion cubic feet of natural gas per day on average. Pending regulatory approval, Alliance will increase capacity by approximately 25 percent through the addition of compression and other facilities to its system.
The offer is available to both existing and prospective shippers, for a minimum bid term of 15 years. Two open seasons are being held concurrently, one for Canadian receipt and delivery services and one for U.S. transportation service. Parties interested in acquiring capacity from the Canadian receipt points must participate in both open seasons to obtain delivery service to Chicago.
Subject to the results of the open seasons, this approximately $2 billion project will be backstopped by long term take-or-pay contracts that will provide customers with long term firm receipt service with the certainty of fixed fees.
“Strong customer demand is the driver for this initiative. Existing firm capacity on our system is fully subscribed, and interruptible capacity is at a premium,” said Dan Sutherland, Alliance Vice President, Commercial Operations. “Alliance is a proven in-place asset providing safe and reliable delivery to the premium U.S. Midwest market.”
More information is available on Alliance’s website at www.alliancepipeline.com in the Doing Business With Us section.
Media Contact:
Alan Roth, Corporate Communications
(403) 517-7742
About the Alliance Pipeline system:
The Alliance Pipeline system consists of an approximately 3,848-kilometer (2,391-mile) integrated Canadian and U.S. 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 Alliance system delivers, on average, about 45.3 million standard cubic metres (or 1.6 billion standard cubic feet) 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 Pipeline L.P. (Alliance U.S.A.) owns the U.S. portion of the Alliance Pipeline system. Both Alliance Canada and Alliance U.S.A. are owned 50 percent each by affiliates of Enbridge Income Fund (TSX:ENF) and Pembina Pipeline Corporation (TSX:PPL).
