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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: SofaSpud who wrote (5775)	12/22/1998 8:10:00 PM
From: Lilian Debray	Read Replies (1) of 24899

Alliance/liquids "Tensions eased in April when producers and pipeliners signed an accord that enshrined competition in the industry. Under the accord, which played a role in approval, producers agreed to call off opposition to the now-completed TransCanada takeover of NOVA's Alberta pipeline business in exchange for the pipeline firms pledging to stop fighting against Alliance." info.cas.org "But corporate opposition fizzled when TransCanada PipeLines took over the pipeline division of Nova and settled long-standing issues over toll systems. The persistent backers of the pipeline have been 37 gas producers and pipeline companies including some enormous U.S. pipeline firms: Williams Companies, Duke Energy and Unocal Corp. The producers want to enjoy the higher market prices avalable in the U.S." interactive.cfra.com "The Alliance Pipeline system is designed to carry natural gas from western Canada to the Chicago-area market center for distribution throughout North America. Unocal's Aitken Creek gas storage and processing facility is located at the origin of the pipeline. The $US3.0 billion,1,900-mile-long, large-diameter pipeline and natural gas liquids extraction plant are being developed by Canadian and U.S. limited partnerships comprised of gas producing, marketing and pipeline companies." unocal.com nova.ca nova.ca nova.ca nova.ca

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