July 26, 2014 11:32 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Nova Gas Transmission Ltd.

Company Overview

NOVA Gas Transmission Ltd. owns and operates natural gas transmission system in Alberta and northeastern British Columbia, Canada. The company’s system, covering an area of approximately 24,373 kilometers, collects and transports natural gas for use in Alberta, as well as connects to pipelines at the provincial borders for export to Canada and the United States. NOVA Gas Transmission Ltd., through its subsidiary, TransCanada Pipeline Ventures Limited Partnership, operates a 161 kilometers pipeline supplying natural gas to the oil sands region of northern Alberta; and a 27 kilometers pipeline supplying natural gas to a petrochemical complex at Joffre, Alberta. The company is based in Calgary,...

450 - 1 Street S.W.

Calgary, AB T2P 5H1

Canada

Phone:

403-920-2000

Key Executives for Nova Gas Transmission Ltd.

President
Age: 60
Chairman
Age: 65
Chief Financial Officer
Age: 51
Executive Vice President of Operations
Vice President
Age: 56
Compensation as of Fiscal Year 2014.

Nova Gas Transmission Ltd. Key Developments

Transcanada Proceeds with $1.9 Billion Merrick Mainline Pipeline Project

Nova Gas Transmission Ltd. has signed agreements with Chevron Canada Limited (CVX) and an Apache Canada Ltd. wholly-owned and controlled partnership (APA) for approximately 1.9 billion cubic feet per day (Bcf/d) of firm natural gas transportation services to underpin the development of a major extension of TransCanada's NGTL System. The proposed Merrick Mainline Pipeline Project will be a significant new link in British Columbia's emerging liquefied natural gas (LNG) export market. The pipeline will transport natural gas sourced through the NGTL System to the inlet of CVX/APA's proposed Pacific Trail Pipeline (PTP) that will terminate at the Kitimat LNG Terminal at Bish Cove near Kitimat, B.C. The proposed project will be an extension from the existing Groundbirch Mainline section of the NGTL System beginning near Dawson Creek, B.C. to its end point near the community of Summit Lake, B.C. The $1.9 billion project will consist of approximately 260 kilometres (161 miles) of 48-inch diameter pipe.

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