Iroquois Announces South-to-North Project Open Season
SHELTON, Conn., Dec. 3, 2013 /PRNewswire/ -- Iroquois Gas Transmission System, L.P. ("Iroquois") has announced the commencement of a non-binding Open Season for its South-to-North ("SoNo") project which would allow shippers the opportunity to physically deliver natural gas to points as far north as TransCanada Pipelines Limited ("TCPL") at Waddington, NY.
As proposed, the SoNo project would transport up to 300,000 Dth/day from Iroquois' existing interconnects with Dominion Transmission in Canajoharie, NY and Algonquin Gas Transmission in Brookfield, CT, as well as the proposed Constitution Pipeline in Wright, NY. By making minor modifications to its existing system, Iroquois could achieve a November 2016 in-service date; and by leveraging existing "pipe-in-the-ground", this route reduces permitting and cost overrun risk.
"Traditionally known as a north to south pipeline, we are excited to offer customers the ability to physically transport Marcellus shale gas to the U.S.-Canada border," said Scott Rupff, Vice President of Marketing, Development and Commercial Operations. "As our connectivity to competitively-priced Marcellus shale supply continues to increase, Iroquois is well-positioned to deliver these new sources of supply to eastern Canadian and northern New England markets." The SoNo project will reverse flow on the Iroquois system providing new deliverability options for shippers.
The SoNo Open Season complements TCPL's 2016 New Capacity Open Season which launched November 29, 2013 and Portland Natural Gas Transmission System's Open Season that is also launching today. These coordinated open seasons will provide markets in eastern Canada and northern New England with the opportunity to transport natural gas from Waddington and access Marcellus shale volumes delivered into Iroquois. SoNo bids will be accepted beginning Tuesday, December 3, 2013 through Friday, January 24, 2014. Open Season bid forms, and additional information on the SoNo project, are available on Iroquois' website at www.iroquois.com.
Iroquois Gas Transmission System, L.P. is the owner of an interstate natural gas pipeline extending 416 miles from the US-Canadian border at Waddington, New York, through the state of Connecticut to South Commack, Long Island, NY and Hunts Point, Bronx, NY. The company is regulated by the Federal Energy Regulatory Commission ("FERC"). Since commencing operations in December 1991, Iroquois has more than doubled its design day capacity. The pipeline is operated by the Iroquois Pipeline Operating Company, a wholly-owned subsidiary of Iroquois. Iroquois is a Limited Partnership owned by affiliates of TransCanada PipeLines Limited, Dominion Resources, Inc., National Grid, New Jersey Resources and Iberdrola USA.
Todd White, 203-925-7284
Robert Perless, 203-944-7016
Ruth Parkins, 203-925-7209
SOURCE Iroquois Gas Transmission System, L.P.
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