NOVA SHIPS RISING VOLUME OF NATURAL GAS

Nova Corp., Calgary, moved 1.52 tcf of gas through its Alberta pipeline system in the first 6 months of 1991, up 6% from a year ago. Average receipts for the period were 8.4 bcf, compared with 7.9 bcf in 1990. Total shipments out of Alberta this year were up 9% at 1.23 tcf. Within the province, deliveries were down 5% at 285 bcf. At the Alberta-British Columbia border, total deliveries were about flat at 265 bcf, compared with 271 bcf in 1990. This gas was shipped mainly to California by

July 22, 1991

2 min read

Nova Corp., Calgary, moved 1.52 tcf of gas through its Alberta pipeline system in the first 6 months of 1991, up 6% from a year ago.

Average receipts for the period were 8.4 bcf, compared with 7.9 bcf in 1990.

Total shipments out of Alberta this year were up 9% at 1.23 tcf. Within the province, deliveries were down 5% at 285 bcf.

At the Alberta-British Columbia border, total deliveries were about flat at 265 bcf, compared with 271 bcf in 1990. This gas was shipped mainly to California by Pan-Alberta Gas Ltd., 50% owned by Nova, and by Alberta & Southern Gas Co. Ltd.

At the Alberta-Saskatchewan border, gas deliveries destined for Central Canada and U.S. markets via TransCanada PipeLines Ltd. were up 10% at 750 bcf. Gas deliveries destined for the U.S. Midwest via the Foothills pipeline system were up 18% at 183 bcf.

Nova expects gas volumes for all of 1991 to exceed the record level achieved in 1990.

The company set annual throughput records in each of the past 4 years, with total volume of 2.9 tcf in 1990 up about 25% from 2.35 tcf in 1987. During the same 4 year period, average receipts increased to 7.9 bcfd in 1990 from 6.4 bcfd in 1987.

Meanwhile, Nova placed a $22 million pipe order with Stelpipe of Welland, Ont., a Stelco Inc. unit. The order covers 132 miles of 20 and 24 in. pipe for use in Alberta.