• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

TransCanada to seek regulator’s OK after gas shippers approve new pipeline toll

March 13, 20178:00 AM The Canadian Press0 Comments

CALGARY – TransCanada (TSX:TRP) says it has lined up enough shipper support to go ahead with a new pipeline tolling system designed to allow more western Canadian natural gas to be shipped to Ontario to compete with growing American supplies.

The Calgary-based pipeline company says it will now seek regulatory approval from the National Energy Board for the new tolls with a targeted in-service date of Nov. 1.

TransCanada is offering the lower toll costs to help fill its underutilized Canadian Mainline natural gas pipeline system from a centre in Alberta to a hub in southern Ontario.

It says shippers have signed 10-year fixed-price agreements at 77 cents per gigajoule to move a total of 1.5 million gigajoules, enough to heat about 16,000 average Canadian households for a year.

Analyst Robert Kwan of RBC Dominion Securities says the news is positive for TransCanada but cautions that the new tolls will likely be opposed by interveners and NEB approval can’t be guaranteed.

TransCanada hopes to win approval for the new tolls before the fourth quarter of this year, when the competing Rover pipeline proposed by Energy Transfer Partners is expected to give American natural gas another access point to the Ontario market.

TransCanada

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Discount on Western Canada Select widens
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
  • Taiwan’s CPC Corp eyes US shale gas assets, sources say
  • Saudi Arabia complying fully with voluntary OPEC+ target, energy ministry says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.