TransCanada announces that Saddle West Project will go forward

CALGARY, A.B. – TransCanada announced today that its subsidiary NOVA Gas Transmission will move forward with an expansion of its Saddle West Project.

The Saddle West Project will increase the natural gas transportation capacity in the northwest portion of NOVA Gas’ system by approximately 355 million cubic feet per day.

“This project will increase capacity in a critical area of the NOVA Gas system that connects and transports growing supplies of unconventional natural gas,” said Karl Johannson, executive vice-president and president, natural gas pipelines. “NGTL’s unparalleled footprint enables us to efficiently meet the increased transportation needs of our customers in the Montney, Duvernay and Deep Basin areas and to reliably connect new production to high-value intra and ex-basin markets.”

The Saddle West Expansion Project will include 29 kilometres of 36-inch pipeline looping of existing mainlines, the addition of five compressor units at existing station sites and new metering facilities. An application to build and operate the project will be filed with the National Energy Board in the third quarter of 2017. Subject to regulatory approvals, construction of the expansion is expected to start in 2018, and is expected to be in service in 2019.

“The NGTL System is a key component of TransCanada’s high-quality portfolio of energy infrastructure assets that continues to produce solid results in various market conditions,” added Johannson. “Our strategy is to maintain and optimize NGTL’s competitive position and to focus on growing our established network to transport growing volumes of WCSB gas.”

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