CALGARY, Alberta, June 15, 2018 (GLOBE NEWSWIRE) — Alliance Pipeline Ltd. (“Alliance”) announced today that binding commitments for the Capacity Expansion Open Season (“Open Season”) which ended on May 30, 2018, did not reach the target of 400 million cubic feet per day. Based on the Open Season results and feedback from producers, Alliance is assessing potential alternatives and next steps. Alliance would like to thank all parties who participated in the Open Season.
Alan Roth, Corporate Communications
About the Alliance Pipeline system:
The Alliance Pipeline system consists of an approximately 3,848-kilometer (2,391-mile) integrated Canadian and U.S. natural gas transmission pipeline system, delivering rich natural gas from the Western Canadian Sedimentary Basin and the Williston Basin to the Chicago market hub. The Alliance system delivers, on average, about 45.3 million standard cubic metres (or 1.6 billion standard cubic feet) of natural gas per day. More information about the company is available at www.alliancepipeline.com.
Alliance Pipeline Limited Partnership (Alliance Canada) owns the Canadian portion of the Alliance Pipeline system. Alliance Pipeline L.P. (Alliance U.S.A.) owns the U.S. portion of the Alliance Pipeline system. Both Alliance Canada and Alliance U.S.A. are owned 50 percent each by affiliates of Enbridge Income Fund (TSX:ENF) and Pembina Pipeline Corporation (TSX:PPL).