Maritimes & Northeast Pipeline to Hold Binding Open Season For Proposed Phase V Expansion Project Commencing in 2010

abarrelfullabarrelfull wrote on 15 May 2012 06:35

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December 27, 2007

Maritimes & Northeast Pipeline (Maritimes), in response to strong market interest for additional transportation capacity in Canada and the United States, is planning a further expansion of its mainline system. The proposed Phase V expansion project would bring additional supplies of much needed natural gas to the Northeast and Eastern Canada.

Based upon the results of a non-binding open season held over the summer, Maritimes expects to increase the capacity of its U.S. mainline system by approximately 170,000 dekatherms per day (Dth/d) of year-round firm capacity, and utilize approximately 30,000 Dth/d of available seasonal capacity from November through March.

Maritimes will now hold a binding open season for customers to submit nominations for firm transportation services. The binding open season will run from Thursday, December 27, at 9:00 a.m. EST, through Friday, January 18, at 5 p.m. EST. For information, contact Rob Whitwham by telephone at (902) 425-0628 or by email at moc.ygreneartceps|mahwtihwlr#moc.ygreneartceps|mahwtihwlr.

Maritimes will determine the exact nature of the facilities required for the Phase V Project following the binding open season. The project is anticipated to commence service in late 2010.

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