Spectra Energy Holds Open Season For AIM Project

February 2011, Vol. 238 No. 2

Spectra Energy Corp.'s Algonquin Gas Transmission, LLC recently held a non-binding open season for the Algonquin Incremental Market (AIM) project, a proposed expansion of the company's existing Algonquin pipeline system to deliver additional Appalachian and Marcellus Shale natural gas supplies to premium markets in the U.S. Northeast and New England.

Plans call for the AIM project to allow shippers the opportunity to design transportation services from multiple receipt points on the Algonquin system including, but not limited to, Lambertville, Ramapo, Mahwah and Beverly to multiple existing and proposed delivery points including Lambertville, Brookfield and numerous other market points. Shippers also may request to increase the capacity at the Algonquin interconnect at Brookfield, CT providing incremental gas deliveries into the Iroquois Gas Transmission system via a compression-only service offered by Algonquin.

Bill Yardley, group vice president, Spectra Energy Transmission, Northeast said, "While traditional imports from Canada are declining, we're seeing a dramatic increase in available supply from the Appalachian region, including the Marcellus Shale play. Connecting this new supply to these important and growing markets will be highly beneficial to our customers, offering them increased supply diversity and reliability and an enhanced ability to manage price volatility."

For information, visit www.spectraenergy.com.