CALGARY, Alberta, March 28, 2018 (GLOBE NEWSWIRE) -- Alliance Pipeline Ltd. (“Alliance”) today announced a binding
open season for expansion capacity commitments. The open season is for an estimated 400 million cubic feet per day of additional
firm service, commencing at an anticipated in-service date in the fourth quarter of 2021. The two-month open season begins March
28, 2018 and closes May 30, 2018.
Alliance receives natural gas in British Columbia, Alberta and North Dakota and carries it to the Chicago market, delivering
about 1.6 billion cubic feet of natural gas per day on average. Pending regulatory approval, Alliance will increase capacity by
approximately 25 percent through the addition of compression and other facilities to its system.
The offer is available to both existing and prospective shippers, for a minimum bid term of 15 years. Two open seasons are being
held concurrently, one for Canadian receipt and delivery services and one for U.S. transportation service. Parties interested in
acquiring capacity from the Canadian receipt points must participate in both open seasons to obtain delivery service to
Chicago.
Subject to the results of the open seasons, this approximately $2 billion project will be backstopped by long term take-or-pay
contracts that will provide customers with long term firm receipt service with the certainty of fixed fees.
“Strong customer demand is the driver for this initiative. Existing firm capacity on our system is fully subscribed, and
interruptible capacity is at a premium,” said Dan Sutherland, Alliance Vice President, Commercial Operations. “Alliance is a proven
in-place asset providing safe and reliable delivery to the premium U.S. Midwest market.”
More information is available on Alliance’s website at www.alliancepipeline.com in the Doing Business With Us section.
Media Contact:
Alan Roth, Corporate Communications
(403) 517-7742
About the Alliance Pipeline system:
The Alliance Pipeline system consists of an approximately 3,848-kilometer (2,391-mile) integrated Canadian and U.S. natural gas
transmission pipeline system, delivering rich natural gas from the Western Canadian Sedimentary Basin and the Williston Basin to
the Chicago market hub. The Alliance system delivers, on average, about 45.3 million standard cubic metres (or 1.6 billion standard
cubic feet) of natural gas per day. More information about the company is available at www.alliancepipeline.com.
Alliance Pipeline Limited Partnership (Alliance Canada) owns the Canadian portion of the Alliance Pipeline system. Alliance
Pipeline L.P. (Alliance U.S.A.) owns the U.S. portion of the Alliance Pipeline system. Both Alliance Canada and Alliance U.S.A. are
owned 50 percent each by affiliates of Enbridge Income Fund (TSX:ENF) and Pembina Pipeline Corporation (TSX:PPL).
