NATIONAL ENERGY BOARD APPROVES PIPELINE TOLL SETTLEMENT
The two-year agreement – the fourth consecutive agreement of its kind on DEGT’s BC Pipeline - identifies final tolls for 2004 on the pipeline, as well as a method for determining 2005 tolls.
The negotiation process with customers commenced in December 2003. On April 1, DEGT advised the
“This is a tremendous achievement for both DEGT and our customers, and will provide toll stability on the BC Pipeline for this two-year period,” said Gary Weilinger, DEGT West’s vice president of marketing. “In addition, we will be implementing new services on our system which provide customers with increased flexibility,” he continued.
As a result of this agreement, customers’ tolls for mainline transmission service on the northern segment of the pipeline will decrease by 11.5 per cent in 2004, and will increase by 1 percent on the southern segment of the pipeline for the same year.
“We appreciate the collaborative efforts of our customers throughout this negotiation process and applaud the National Energy Board for facilitating and encouraging negotiated settlements,” stated Duane Rae, DEGT West’s vice president of regulatory, lands and business development.
Duke Energy Gas Transmission is a North American leader in developing energy infrastructure and connecting major natural gas supply basins to growing markets. The company’s natural gas operations include more than 17,500 miles of interstate transmission pipeline and about 250 billion cubic feet of storage capacity in
Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in