TRANSCANADA EXPANSION CLEARED

Canada's National Energy Board has given final approval to a $2.6 billion (Canadian) pipeline project designed to ship more gas from western Canada to the U.S. Northeast. The expansion by TransCanada PipeLines Ltd., Calgary, will link up with the Iroquois Gas Transmission System at Iroquois, Ont., to deliver gas to New England and New York State. TransCanada owns a 29% interest in Iroquois.

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