GAS SHIPMENTS RISING ON ALBERTA LINE

Gas volumes shipped through Nova Corp.'s Alberta pipeline system jumped 22% in third quarter 1992, compared with the same period in 1991. From July 1 through Sept. 30 of this year, 822 bcf of gas moved through Nova's system. The corresponding volume for 1991 was 674 bcf. Nova expects gas volumes transported on behalf of its customers to top the record levels set in 1991. Nova has set annual throughput records in each of the past 5 years.

Nov. 16, 1992

2 min read

Gas volumes shipped through Nova Corp.'s Alberta pipeline system jumped 22% in third quarter 1992, compared with the same period in 1991.

From July 1 through Sept. 30 of this year, 822 bcf of gas moved through Nova's system. The corresponding volume for 1991 was 674 bcf.

Nova expects gas volumes transported on behalf of its customers to top the record levels set in 1991. Nova has set annual throughput records in each of the past 5 years.

"Increasing demand for Alberta natural gas is driving the continued expansion of our pipeline system," said Bruce Simpson, president of Nova's Alberta gas transmission division (AGTD). "The added capacity resulting from our expansion program makes these record volumes possible."

Nova plans to spend an average of $500 million (Canadian)/year on the system through 1995.

During the first 9 months of 1992 AGTD's transported volumes were up 13% from the same period of 1991. The company has shipped 2.47 tcf of gas through its Alberta pipeline system, up from the 2.19 tcf transported in the same period a year ago. Average receipts for the year to date have been 9.1 bcfd, compared with 8 bcfd in 1991.

Total shipments out of Alberta were up 16.8% at 2.06 tcf, compared with 1.76 tcf for the first 9 months of 1991. Within the province, deliveries were down 1.9%, falling to 412 bcf from 420 bcf in 1991.

At the Alberta-British Columbia border, deliveries for the first 9 months of 1992 were 374 bcf, the same volume as in 1991. At the Alberta-Saskatchewan border, gas deliveries destined for Central Canada and U.S. markets were up 21% at 1.307 tcf from 1.08 tcf in 1991. Gas deliveries destined for the U.S. Midwest via the Foothills pipeline system were up 19.3% to 327 bcf from 274 bcf in 1991.