American Gas Association - 2014 Financial Forum Karl Johannson, EVP & President, Natural Gas Pipelines May 19, 2014
TransCanada Today One of North Americas Largest Natural Gas Pipeline Networks 68,500 km (42,500 mi) of pipeline 14 Bcf/d or 20% of demand Third Largest Natural Gas Storage Operator 406 Bcf of capacity Largest Private Sector…
Our Value Proposition Track Record of Delivering Shareholder Value 15% average annual return since 2000 Visible Attractive Strong Growth Dividend Financial Position 36 billion of 3.8% yield Capacity to fund growth secured…
Our Progress Over The Last Year 6.1 billion of projects completed including Keystone Gulf Coast Extension 12 billion Energy East Pipeline Project commercially secured Coastal GasLink and Prince Rupert Gas Transmission regulatory…
36 Billion Portfolio of Commercially Secured Projects Unprecedented growth portfolio of energy infrastructure projects 21 billion of liquids pipelines 13 billion of natural gas pipelines 2 billion of power generation facilities…
Realizing Our Vision 2020 EBITDA Outlook* EBITDA expected to approx. 9.5 billion by 2020; almost double the 4.9 billion in 2013 Increase driven by 36 billion of commercially secured projects Approx. 95% expected to come from…
Natural Gas Pipelines Strategy Maintain pre-eminent position in Alberta for production and market connections Growing natural gas supply and demand provides opportunity Pursue oil sands and Enhance West Coast LNG markets…
Energy East Project Qubec Atlantic Canada 400 kbbl/d 415 kbbl/d U.S. PADD I 1,200 kbbl/d Involves conversion of 3,000 km (1,860 mi) of the Canadian Mainline from natural gas to crude oil service and the construction of…
Canadian Mainline 2.5 Bcf/d of firm transportation contracts renewed through November 2016 Realized our net revenue requirement in 2013, including ROE of 11.5% on 40% common equity Expect to exceed revenue requirement for 2014 due to…
NGTL System Transports approximately 10 Bcf/d or 75% of WCSB supply Provides essentially all of the gas to growing Alberta oil sands region Expected to play a key role in linking supply to proposed West Coast LNG Projects NIT…
West Coast LNG Pipeline Projects 9 billion investment underpinned by long-term take-or-pay contracts Coastal GasLink to serve LNG Canada facility proposed by Shell, Korea Gas, Mitsubishi and PetroChina Prince Rupert Gas…
U.S. Natural Gas Pipelines Revenues have declined on ANR and Great Lakes due to changing market dynamics Actively responding to the market Great Lakes settlement provides immediate rate relief Connecting 2 bcf/d of…
ANR Pipeline - Connecting Marcellus/Utica Supply Secured approximately 2.0 Bcf/d of long-term contracts at maximum rates on Southeast Mainline 1.25 Bcf/d will commence in 2014; remainder of volume commencing in 2015 Average term…
TC PipeLines, LP (NYSE: TCP) US4.4 billion enterprise value 6.1% yield as at April 30, 2014 Track record of stable and growing cash distributions Low-risk energy infrastructure assets Five of six assets backed by long-term,…
Mexico Natural Gas Pipeline Assets US2.6 billion of operating pipelines and projects Secured by 25-year contracts with CFE US0.6 billion invested US2.0 billion of projects Future opportunities to expand the natural gas network…
Key Takeaways Proven track record of success 36 billion of commercially secured projects under development Essential network of existing natural gas pipeline assets Changing energy landscape to drive additional growth in core…
American Gas Association - 2014 Financial Forum Karl Johannson, EVP & President, Natural Gas Pipelines May 19, 2014