Midstream - Pipelines | General
TransCanada's Utica ANR Pipeline Secures 2.0 Bcf/d in Commitments
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TransCanada Corporation has reported its ANR Pipeline system has secured almost 2.0 billion cubic feet a day (Bcf/d) of firm natural gas transportation commitments on its Southeast Main Line (SEML) at maximum rates for an average term of 23 years.
Approximately 1.25 Bcf/d will commence in 2014, with the remaining volume commencing in 2015.
Russ Girling, TransCanada's president and chief executive officer, commented: "This successful open season underscores the value of existing long haul gas pipelines. ANR continues to be a critical piece of natural gas infrastructure that enables growing U.S. production to access both existing continental and growing export markets, facilitating economic development, job creation and enhancing U.S. energy security and independence. Essentially one…
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