TORONTO, ONTARIO, Oct. 27, 2010 (Marketwire) -- Enbridge Gas Distribution Inc. (TSX:ENB) (NYSE:ENB) today announced that it is conducting a binding open season for firm natural gas storage service near Dawn, Ontario. Service will be provided at Enbridge's Tecumseh Gas Storage facility in Southwestern Ontario. The storage facility directly interconnects with Vector, Link Pipeline, TransCanada PipeLines, and Union Gas.
Enbridge is expanding its existing storage system to meet the growing needs of the market and is offering up to 13.7 million gigajoules (GJ) or approximately 13 billion cubic feet (Bcf) of new storage capacity. This capacity will be phased-in over three years with 3.2 million GJ (3 Bcf) being added in 2011 and 5.3 million GJ (5 Bcf) being added in each of 2012 and 2013.
Injections will start April 1 of each year. This firm, multi-cycle storage will have a maximum daily injection of 1.5 per cent and a maximum daily withdrawal capacity of 2 per cent of the contracted volume. Additional injection and withdrawal rights may be considered as an option.
Information packages and bid forms are available online at www.enbridgegas.com/gasstorage. Inquiries regarding this open season should be directed to Jody Sarnovsky at (416) 495-6785.
In order to be considered, signed bid forms must be received by Enbridge by 2:00 PM, Eastern Time, on November 15, 2010. Bid forms should be faxed or emailed to:
Enbridge Open Season
Fax: (416) 495-6163
Enbridge Gas Distribution has a 160-year history and is Canada's largest natural gas distribution company and currently owns approximately 97 Bcf of underground gas storage facilities. Enbridge Gas Distribution is owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution. Enbridge Gas Distribution and its affiliates distribute natural gas to about 1.9 million customers in Ontario, New York State, New Brunswick and southwestern Quebec. For more information, visit www.enbridgegas.com.
Enbridge Gas Distribution