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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (794)	11/2/1996 9:26:00 PM
From: Kerm Yerman	of 24925

CANADIAN OILPATCH / NATURAL GAS Saturday 2 November 1996 Small natural gas price hike in works Canadian Western Natural Gas Co. Ltd. customers are being hit with a small hike in natural gas rates this winter, but will see lower summer rates next year. The Alberta Energy and Utility Board has approved a winter cost (from Nov. 1 to March 31) of $1.374 per gigajoule of gas, up 6.6 cents from last year, the company said Friday. From April 1 to Oct. 31, 1997, the cost of gas from Canadian Western will be $1.274, 1.8 cents lower than last summer. A typical Calgary customer consuming 150 gigajoules can expect to pay $608 for natural gas service in 1997, compared to $605 in 1996 and $628 in 1995, the company said. Actual costs will depend on weather, individual gas consumption and municipal franchise fees.

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