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Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  TWMIF | T.TWM.DB.A

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various renewable initiatives. It also markets crude, refined products, natural gas, NGLs and renewable products and services to customers across North America. Its key midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulfur handling solutions and rail connections. Its key downstream asset is the Prince George Refinery (PGR), the sole light oil refinery within the interior British Columbia market.


TSX:TWM - Post by User

Post by fauxtomatoon Mar 18, 2021 5:06pm
208 Views
Post# 32829114

Pioneer

PioneerI would say 'never not boring' but this is pretty boring stuff, it's the same arguments being trod out

https://www2.auc.ab.ca/Proceeding25937/ProceedingDocuments/25937_X0063_2021-03-18%20Reply%20Argument%20from%20WEG%20re%20Pioneer%20Pipeline%2000115774xC5DFB_000075.pdf

The AUC’s denial of AP acquiring the Pioneer Pipeline would provide three significant benefits:
(a) NGTL and AP shippers would not be burdened with the cost and the risks of the Pioneer Pipeline
(b) WEG expects that tolls on both the NGTL and AP systems would be lower with an interconnect of the Pioneer Pipeline to the NGTL System, while TransAlta and Tidewater continues to own and operate the Pioneer Pipeline; and
(c) it would avoid benefitting TransAlta, at the expense of other shippers.

Under a scenario where the AP Need and Prudency Application is denied by the AUC, while the CER approves an interconnection of the Pioneer Pipeline with the NGTL System, TransAlta’s need for gas at the Sundance and Keephills generation facilities will still be served. The current owners of the Pioneer Pipeline will still be the only parties contracting for service on the Pioneer Pipeline, with or without any AUC requested approval.
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