home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   ont.politics      Ontario politics      90,757 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 88,852 of 90,757   
   =?UTF-8?B?IijgsqBf4LKgKSAi?= to All   
   Oil pipeline companies will be moving fa   
   03 Nov 14 15:24:50   
   
   XPost: can.politics, ab.politics, mtl.general   
   From: Panca@nyet.ca   
      
   To beat the next federal election date.  Because they know the Harper Cons are   
   their best chance to get their pipelines through areas where they're not   
   wanted.   
   BC already knows this.  Ontario and Quebec should stay on alert and be ready to   
   block them in every way possible.   
   __________________________________   
   Financial Post - October 31, 2014   
      
      
   Energy East will have ‘negative’ impact on natural gas consumers in   
   Ontario and   
   Quebec, says Union Gas   
      
      
   Union Gas said Friday it’s disappointed with TransCanada Corp.’s decision   
   to   
   submit its Energy East application with the National Energy Board (NEB) without   
   resolving its concerns with its natural gas customers.   
      
   The Chatham-Kent, Ont.-based natural gas distribution company said it   
   “remains   
   concerned” that TransCanada’s 1.1-million bpd crude oil pipeline project,   
   filed   
   yesterday, “will have significant and negative impacts on natural gas   
   consumers   
   in Ontario and Québec.”   
      
   TransCanada has proposed converting an existing natural gas pipeline for crude   
   oil to link Alberta producers to eastern refineries and export markets. But the   
   company ran afoul of its natural gas customers who believe they would be robbed   
   of capacity at a time of rising demand, while raising costs for customers.   
      
   As an overture, TransCanada filed a separate application with the NEB alongside   
   its Energy East submission to build a $1.5-billion Eastern Mainline Pipeline   
   Project in southern Ontario, which will supply 600 million cubic feet per day   
   of natural gas to its key eastern markets. The company said the project would   
   result in savings of nearly a billion dollars for its natural gas shippers.   
      
   TransCanada CEO Russ Girling told the Financial Post Thursday he believed the   
   company had resolved the issue with natural gas customers.   
      
   “We believe that we have solved the issue, both capacity and in ensuring that   
   there is no adverse impact on cost with $950 million of savings,” the CEO   
   said   
   on the sidelines of the company’s press conference in Toronto. “We will   
   continue discussions with them for any concerns that they might have.”   
      
   Mr. Girling said that the company determined 600-mcf per day figure after an   
   open season.   
      
   “We have other events that will occur over the coming months which include   
   the   
   contracting on our export side of our business which may continue to decline.   
   They they may have other requirements they want us to consider, so those   
   conversations are ongoing. Our intent is to ensure those folks that need gas in   
   domestic market in Quebec and Ontario have it before we transfer the capacity   
   out of service.”   
      
   But Union Gas, which is owned by New York-listed Spectra Energy, says   
   TransCanada has “consistently underestimated market demand and as a result   
   have   
   understated the size and cost of the new replacement gas line.”   
      
   “Further, the proposal seeks to have eastern gas consumers bear the capital   
   cost risk related to the construction of the new replacement line,” the   
   company   
   said in a statement.   
      
   Union Gas says that while it is supportive of the concept of the Energy East   
   pipeline, there is “no reason or logic for 3.6 million natural gas customers   
   –   
   which include schools, hospitals, homes and industries – to be treated   
   unfairly.”   
      
   TransCanada “should build a new oil line from North Bay east and leave the   
   existing and fully-used gas pipeline in place to serve existing natural gas   
   consumers as it has for many years.”   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca