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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5764)	12/22/1998 6:04:00 PM
From: SofaSpud	Read Replies (1) of 24899

Thread / Alliance and liquids I'm trying to find out how this issue was resolved -- can anyone help? When the Alliance pipeline was first proposed, one of the issues was how natural gas liquids would be dealt with. Alliance wanted to ship them across the border with the gas, and strip them in Chicago. Nova objected strenuously, as they had traditionally been able to strip the liquids in Alberta for the petrochemical business, without producer input. Before the Nova/TCPL merger, Nova was using it's political influence to require liquids to be stripped in Alberta, leaving Alliance with a lower-value product to deliver to the States. Then the proposed merger raised regulatory issues. I'm guessing that one of the incentives for producers to back off on objections about a TCPL monopoly was to allow the export of liquids via Alliance. If anyone can refer me to a document that states what the outcome of the discussion was, I'd appreciate it. TIA

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