Enbridge Gas Distribution Announces Binding Open Season for Tecumseh Gas Storage Capacity
TORONTO, ONTARIO--(CCNMatthews - Nov. 28, 2006) - Enbridge Gas Distribution (TSX:ENB) (NYSE:ENB) today announced that it is conducting a binding open season for high deliverability natural gas storage service at its Tecumseh Gas Storage facility in southwestern Ontario.
The binding open season is for services totaling a maximum of 2,124,600 gigajoules (GJ), or approximately 2 billion cubic feet (BCF), of high deliverability storage capacity, including 10 or 20-day storage service with firm year-round withdrawal and injection levels.
"We are pleased that the Ontario Energy Board has recognized and accommodated a competitive market for new natural gas storage services," said Lino Luison, Vice President, Enbridge Gas Distribution. "This will encourage development of new innovative storage services in Ontario and support the effective operation of new natural gas-fired power plants to help meet Ontario's electricity needs."
If Enbridge Gas Distribution determines through this open season that sufficient demand exists for its storage services, it will file appropriate applications to proceed with the necessary expansion of its Tecumseh Gas Storage facility. Enbridge Gas Distribution owns 92 BCF of underground gas storage facilities and rents additional storage for a total of 112 BCF under its operational control.
Information packages and bid forms will be available at www.enbridge.com/tecumseh. Inquiries regarding this open season storage offering can be directed to Yvonne Bansey at (519) 862-6026.
In order to be considered, all bids must be received by Enbridge by noon Eastern time on December 22, 2006. Bid forms should be faxed to:
Enbridge Gas Distribution has an almost 160-year history and is Canada's largest natural gas distribution company. It delivers safe, reliable natural gas to about 1.8 million customers in many Ontario communities including Toronto, Ottawa, Barrie and Niagara Falls. Enbridge Gas Distribution is owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution. Enbridge provides distribution services in Ontario, through Enbridge Gas Distribution, and in Quebec, New Brunswick and New York State. For more information about Enbridge Gas Distribution visit www.enbridge.com/gas.
Lisa McCarney-Warus
Media Contact
(416) 495-5662
Email: lisa.mccarney@enbridge.com
The binding open season is for services totaling a maximum of 2,124,600 gigajoules (GJ), or approximately 2 billion cubic feet (BCF), of high deliverability storage capacity, including 10 or 20-day storage service with firm year-round withdrawal and injection levels.
"We are pleased that the Ontario Energy Board has recognized and accommodated a competitive market for new natural gas storage services," said Lino Luison, Vice President, Enbridge Gas Distribution. "This will encourage development of new innovative storage services in Ontario and support the effective operation of new natural gas-fired power plants to help meet Ontario's electricity needs."
If Enbridge Gas Distribution determines through this open season that sufficient demand exists for its storage services, it will file appropriate applications to proceed with the necessary expansion of its Tecumseh Gas Storage facility. Enbridge Gas Distribution owns 92 BCF of underground gas storage facilities and rents additional storage for a total of 112 BCF under its operational control.
Information packages and bid forms will be available at www.enbridge.com/tecumseh. Inquiries regarding this open season storage offering can be directed to Yvonne Bansey at (519) 862-6026.
In order to be considered, all bids must be received by Enbridge by noon Eastern time on December 22, 2006. Bid forms should be faxed to:
Yvonne Bansey "Tecumseh Open Season" Fax: (519) 862-1168
Enbridge Gas Distribution has an almost 160-year history and is Canada's largest natural gas distribution company. It delivers safe, reliable natural gas to about 1.8 million customers in many Ontario communities including Toronto, Ottawa, Barrie and Niagara Falls. Enbridge Gas Distribution is owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution. Enbridge provides distribution services in Ontario, through Enbridge Gas Distribution, and in Quebec, New Brunswick and New York State. For more information about Enbridge Gas Distribution visit www.enbridge.com/gas.
For more information please contact:
Enbridge Gas Distribution Inc.Lisa McCarney-Warus
Media Contact
(416) 495-5662
Email: lisa.mccarney@enbridge.com
