NEB to hear NGTL's integration asset transfer application

CALGARY, April 22, 2014 /CNW/ - The National Energy Board (NEB or the Board) will hold a public hearing to consider an application filed by NOVA Gas Transmission Ltd. (NGTL) requesting approval for the acquisition of certain assets currently owned by ATCO Gas and Pipelines Ltd. (ATCO Pipelines). The Board is also being asked to approve the sale by NGTL of certain assets to ATCO Pipelines.

If approved, the project would include the following asset exchanges:

• NGTL Transferred Assets, which are comprised of metering facilities (31 delivery and 89 receipt meter stations) and pipeline infrastructure (1,418 km); and
• ATCO Transferred Assets, which are comprised of a compressor station (1), metering facilities (12 delivery and 21 receipt meter stations) and pipelines infrastructure (1,303 km).

Given the volume of assets involved and the field work required to complete the transfer of ownership, NGTL and ATCO have put forward the plan to execute the assets swap in four stages. NGTL is proposing that a separate certificate of public convenience and necessity (CPCN) be issued for each stage and each CPCN be made effective as of the date of the closing of the respective stage.

The infrastructure under consideration already exists; as such the exchange of assets would not require new construction or the addition of new right-of-way.

A complete list of the issues under consideration can be found in Appendix I of the Hearing Order, which is available on the Board's Web site.

The Board has granted standing to all ten applicants who have submitted an application to participate in this process. As a result, the Board may hear from eight intervenors and two commenters have been granted standing to submit letters of comment.

The hearing is scheduled to start 22 of July 2014 at a time to be confirmed at a later date. Interested persons wishing to attend the hearing should note that by then, the Board will have relocated to Centre 10, 517 10^th Avenue SW, Calgary, Alberta. The hearing room will be on the 2^nd floor.

The National Energy Board is an independent federal regulator of several parts of Canada's energy industry with the safety of Canadians and protection of the environment as its top priority. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest.

Please visit the NEB Web site for general information about the hearing process and how you can participate effectively. To access the information, go to www.neb-one.gc.ca, select Hearing and Information Session, and then click on Participate in a Public Hearing.

This news release and the Hearing Order are also available on the Board's Internet site under What's New!

SOURCE: National Energy Board

Stacey Squires
Communications Officer
E-mail: [email protected]
Telephone: [phone]
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (teletype): 1-800-632-1663

For a copy of the Hearing Order:

National Energy Board Library
Ground Floor
444 Seventh Avenue SW
Calgary, Alberta
T2P 0X8
Telephone: [phone]
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5576
Facsimile (toll free): 1-877-288-8803
Email: [email protected]