TRANSCANADA PIPELINE SYSTEM SETS SIGHTS ON FURTHER GROWTH
TransCanada PipeLines Ltd., Calgary, has almost doubled its North American gas transmission volumes since 1989 and is seeking new markets to conquer. Mainline capacity is running at 6.36.4 bcfd, compared with less than 3.9 bcfd in 1989. The company continues to expand its main Canadian system but plans international expansion. It is following a game plan involving investments in several pipeline projects in the U.S. while targeting business opportunities in South America and Asia.