The Business Times
SUBSCRIBERS

Western Canada shippers of natural gas given boost

Published Tue, Mar 14, 2017 · 09:50 PM
Share this article.

Calgary, Alberta

SHIPPERS have taken up Transcanada Corp's sweetened offer to move natural gas on its Mainline pipeline, the company said on Monday, granting Canada's remote western plays a boost against more easily accessible American counterparts.

Western Canadian shippers have been increasingly squeezed out of the Ontario natural gas market by eastern US shale basins like the Marcellus and Utica. They have comparable production costs to Canada's remote Montn…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here