TransCanada secures long-term commitments for ANR pipeline system TransCanada announced its ANR Pipeline system has secured almost 2B cubic feet a day of firm natural gas transportation commitments on its Southeast Main Line 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. Capital costs associated with the system expansions required to bring the additional capacity to market are currently estimated to be about $100M.
TransCanada to announce major supply agreement with international firm TransCanada invites members of the media to attend a press conference to announce the signing of a major supply agreement with an international firm. The agreement will mean jobs for Quebec stemming from the development of the Energy East Pipeline Project.