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Pipeline Opportunities Conference Draws Record Crowd
In addition, he provided details on five active projects -- Line 1711, Line 1570, Line 1360 and the KA and Cobb expansions, which will add some 650 Bcf/d of new incremental gas supply into the company’s system.
He said, “What these smaller projects lead up to is really the bigger picture. What we want to do is not only lay an express line along our existing right-of-way pipeline corridor but also add express lines to take this production out of these areas all the way to New York and New Jersey.”
Other highlights of the session included presentations by Jim Lelio, Director of Business Development, Kinder Morgan Renewable Fuels and Denise Hamsher, Director Public, Federal & State Regulatory Affairs, Enbridge Energy Company.
In the Alaska Natural Gas Pipeline session, Tony Palmer, vice president Alaska Development for TransCanada Corporation, provided an informative and interesting overview of his company’s capabilities, including the fact that TransCanada has been issued a license to build the 1,715-mile Alaska Gas Pipeline from the North Slope gas fields down the Alaska Highway to an existing pipeline network in Alberta, Canada.
Palmer, who is leading his company’s effort to build the multibillion pipeline project, pointed out that TransCanada had thought long and hard before they made the decision to also put forward an alternative pipeline route. “We did so consciously and have indicated to our potential customers that in the Open Season that will be concluded by July 2010 they will have the opportunity to direct where they want their gas to go.
Palmer said that at the end of the day TransCanada is a pipeline company and we move gas to the destinations that our customers tell us to.
“Although we know there are significant challenges to moving Alaska gas to the international market,” said, “if our customers can solve that riddle then TransCanada is prepared to build them a pipeline.”
Continuing, Palmer pointed out that he had been asked many times recently as to whether or not the Alaska Pipeline Project was now dead because of natural gas prices.