Fast okay urged for Alaska line prebuild funding
Foothills Pipelines (Yukon) Ltd. has asked the Canada National Energy Board (NEB) to approve its financing plans for the prebuilt sections of the Alaska Highway gas pipeline along with a number of other conditions, which include approval of additional gas exports for its affiliate company, Pan-Alberta Gas Ltd.; accelerated depreciation rates for prebuilt facilities in Alberta and British Columbia; a minimum 17.5% flat rate of return on equity; and diversion of gas exports approved for two other companies to the prebuilt facilities when completed. NEB's decision is expected March 11, 1980. Trans Mountain Pipe Line Co. Ltd. has informed NEB that it will proceed with its application to build a pipeline from Low Point, Wash., to Edmonton, Alberta, to transport Alaska crude oil, and also to build a tanker port in Washington State. Gas deliveries from Alberta to eastern Canada and the US have returned to normal seasonal volume following the explosion February 26, 1980 in Trans-Canada Pipeline Ltd.'s 85,000 hp compressor station. Repair costs, cause of the explosion, and modifications of the safety procedures remain to be determined.
- OSTI ID:
- 5576638
- Journal Information:
- Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 78:10; ISSN OIGJA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
022000 -- Petroleum-- Transport
Handling
& Storage
03 NATURAL GAS
032000* -- Natural Gas-- Transport
Handling
& Storage
ADMINISTRATIVE PROCEDURES
ALASKA GAS PIPELINE
ALASKA OIL PIPELINE
ALBERTA
BRITISH COLUMBIA
CANADA
CANADIAN ORGANIZATIONS
COMPRESSORS
CONSTRUCTION
COST
DELIVERY
ENERGY SOURCES
EXPLOSIONS
EXPORTS
FEDERAL REGION X
FINANCING
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
NATIONAL ORGANIZATIONS
NATURAL GAS
NATURAL GAS INDUSTRY
NORTH AMERICA
PERMITS
PIPELINES
PLANNING
REPAIR
SAFETY
TERMINAL FACILITIES
TRANSPORT
USA
WASHINGTON