Nine applications for export 29.3 bncm from Canada

Feb 27, 1997 01:00 AM

The Canadian National Energy Board has received nine applications for 10-year licences to export in aggregate of some 29.3 billion cubic metres (1 032.7 bncf) of natural gas.
Coastal Gas Marketing Company applied for a licence to export, near St. Clair, Ontario, some 1.4 mmcm (49 mmcf) of natural gas per day. Coastal will use the natural gas to serve its Michigan and Northeast markets. Coastal will purchase the natural gas from Canadian Natural Resources Limited, Petro-Canada, Pinnacle Resources Ltd., Rio Alto Exploration Ltd. and Tarragon Oil & Gas Limited.
Coastal Gas Marketing Company applied for a licence to export, near Emerson, Manitoba, some 864 000 cm (30.5 mmcf) of natural gas per day. Coastal will use the natural gas to serve its markets in the Gulf Coast area and also the Northeast and Midwest markets accessing supply in the US Gulf Coast area. Coastal will purchase the natural gas from Canadian Natural Resources Limited., Enerplus Energy Marketing Inc., Pinnacle Resources Ltd., Ranger Oil Limited, Rio Alto Exploration Ltd. and Tri Link Resources Ltd.
CoEnergy Trading Company applied for a licence to export, near Emerson, Manitoba and Highwater, Quebec, some 2.3 mmcm (80 mmcf) of natural gas per day. The natural gas will be added to CoEnergy's supply portfolio for its markets in Michigan and elsewhere, including markets to be served by the proposed Portland Natural Gas Transmission System. CoEnergy will purchase the natural gas from AEC Oil & Gas Partnership, Suncor Inc. and Gulf Canada Resources Limited. CoEnergy also applied for a 10-year order to import natural gas into Canada at St. Clair, Ontario for subsequent export at Highwater, Quebec.
Enron Capital & Trade Resources Corp. applied for a licence to export, near Monchy, Saskatchewan, some 1.1 mmcm (40 mmcf) of natural gas per day. The natural gas exported will form part of Enron's overall corporate gas supply portfolio. Enron will purchase the natural gas from Canadian Natural Resources Ltd, Penn West Petroleums, Pinnacle Resources Ltd. and Rigel Oil & Gas Ltd.
Enron Capital & Trade Resources Corp. applied for a licence to export, near Emerson, Manitoba, some 850 000 cm (30 mmcf) of natural gas per day. The natural gas exported will form part of Enron's overall corporate gas supply portfolio. Enron will purchase the natural gas from Beau Canada Exploration Ltd., Canadian Natural Resources Ltd., Pinnacle Resources Ltd. and Rigel Oil & Gas Ltd.
Enron Capital & Trade Resources Corp. applied to export, near Niagara Falls, Ontario, some 256 400 cm (9.1 mmcf) of natural gas per day. The natural gas exported will form part of Enron's overall corporate gas supply portfolio. Enron will purchase the natural gas from Canadian Natural Resources Ltd.
Ranger Oil Limited applied for a licence to export, near Niagara Falls, Ontario, some 141 600 cm (5.0 mmcf) of natural gas per day. Ranger will sell the natural gas to Coastal Gas Marketing Company to serve its market in the US Northeast. The natural gas to be exported will be produced from Ranger's corporate supply pool in British Columbia.
United States Gypsum Company applied for a licence to export, near Chippawa and Niagara Falls, Ontario, some 384 200 cm (13.6 mmcf) of natural gas per day. The natural gas will be used by Gypsum at its plants located at Oakfield and Stony Point, New York, Gypsum, Ohio and Bridgeport, Alabama. Gypsum will purchase the natural gas from Husky Oil Operations Ltd.
Westcoast Gas Services Inc. applied for a licence to export, near Emerson, Manitoba, some 715 000 cm (25.2 mmcf) of natural gas per day. The natural gas will be sold to Westcoast Gas Services Inc. to serve its markets in the Midwest and Northeast US The natural gas will be purchased from Apache Canada Ltd., Beau Canada Exploration Ltd., Rigel Oil and Gas Ltd. and Talisman Energy Inc.

The Board will announce at a later date how it will proceed to consider the applications.

Source: not available
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