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Albersun Pipeline Asset Purchase

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Overview 

On March 9, 2018, NOVA Gas Transmission Ltd. (NGTL), a wholly owned subsidiary of TransCanada PipeLines Limited, received regulatory approval to purchase and assume operation of sections of the existing Albersun Pipeline, from Suncor Energy Logistics Corporation (Suncor). The Albersun Pipeline provides natural gas delivery services within the Fort McMurray area of Alberta.

NGTL has agreed to purchase approximately 179 km of the Suncor Pipeline with related components, including valve sites, launcher and receiver facilities, the Mildred Lake East Sales Meter Station, and other related facilities.

Because the NGTL System is regulated by the National Energy Board (NEB), and the facilities in the acquisition are currently regulated by the Alberta Energy Regulator (AER), those facilities will become part of the NGTL System and subject to NEB jurisdiction following the acquisition.

TC Energy formally filed an application the NEB on April 27, 2016. The application included a request to acquire facilities from Suncor pursuant to section 74 of the NEB Act and for a Certificate of Public Convenience and Necessity pursuant to section 52 of the NEB Act.

Visit NEB-One.gc.ca to learn more about the Application for the Albersun Pipeline Asset Purchase.

Timeline

Q1 2015 Began environmental and technical analysis of project
Q2 2015 Begin Aboriginal and stakeholder engagement
Q2 2016 NGTL filed applications with the NEB
Q1 2018 Regulatory approval granted
Q3 2018 Anticipated closing timing, with NGTL to commence operations

Regulatory

 

Regulatory documents

Albersun Pipeline Asset Purchase is governed according to regulations outlined by the Canada Energy Regulatory (CER).

Regulatory contacts

Canada Energy Regulator (CER)
Local 1-403-292-4800 1-403-292-5503
Toll-Free 1-800-899-1265 1-877-288-8803

EMAIL

Alberta Energy Regulator (AER)
Local 1-403-297-8311 1-403-297-7336
Toll-Free 1-855-297-8311

WEBSITE  EMAIL

Ways to reach us

We’re here to answer your questions. For general questions you can contact us by email, but for a quicker response, please call us directly.

TC Energy

450 – 1st St. SW
Calgary, Alberta
T2P 5H1

1-855-895-8754

Media Relations
TC Energy welcomes enquiries from media. Please direct questions to:
1-800-608-7859 Toll-free (North America)

Investor Relations
We welcome inquiries from analysts, shareholders and prospective shareholders at:
1-800-361-6522 Toll-free (North America)