TransCanada Corp. announced that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached a settlement with shippers and other interested parties regarding the NGTL System annual revenue requirement for the years 2013 and 2014.

Great Lakes Gas Transmission is a 2,115-mile (3,404-km) natural gas pipeline system that transports Canadian natural gas to the U.S. Midwest.

Located in the community of Grande Prairie, Alberta, Bear Creek Cogeneration Plant produces up to 100 megawatts of electricity to both Weyerhaeuser’s Grande Prairie Pulp and Sawmill and Alberta’s competitive electricity market.

The Monongahela National Forest - one of the most biologically diverse national forests in the U.S. – also happens to be along the pathway of the WB XPress natural gas pipeline, which was placed into service last month. Work on the WBX included upgrading and enhancing an existing TransCanada pipeline system that has been safely serving customers for over 60 years. For nearly four years, TransCanada worked closely with various MNF resource specialists, including soil scientists, wildlife biologists, hydrologists, aquatic biologists, and botanists during the planning, permitting and construction phases of the project.

The fact sheet describes key points about Peace River Mainline Abandonment project.