Vector Pipeline Announces Open Season for Proposed Mainline Expansion in 2006
August 20 2004 - 2:02PM
PR Newswire (US)
Vector Pipeline Announces Open Season for Proposed Mainline
Expansion in 2006 LIVONIA, Mich., Aug. 20 /PRNewswire/ -- Vector
Pipeline L.P. today announced that a non-binding Open Season for a
2006 mainline expansion project for the natural gas transmission
pipeline will commence Sept. 1, 2004. Vector currently transports
approximately 1 Bcf/d and has the ability to increase this capacity
up to 1.5 Bcf/d through the construction of additional compressor
stations. "This Open Season is driven by interest from markets
either seeking alternative supply, new incremental supply or
reduced long-haul commitments," said John Donaldson, Vice President
of Marketing for Vector. "Vector offers a direct conduit for the
diversified supply sourced from the Chicago Hub for delivery to
storage and markets in Wisconsin, Illinois, Indiana, Michigan and
southwest Ontario -- and farther east through downstream pipelines.
"By expanding with compression," Donaldson added, "Vector will be
able to time and size an economical project to meet these markets'
needs as early as Nov. 1, 2006." Interested shippers will have
until 4 p.m. (EDT) Thursday, Sept. 30, 2004, to bid for firm
capacity. The Open Season will include all of Vector's receipt and
delivery points, and final determination of incremental capacity
will be made by Vector at the conclusion of the Open Season. The
349-mile Vector Pipeline system -- constructed in 2000 -- begins at
Joliet, Illinois, and ends at the storage complex at Dawn, Ontario.
It has multiple interconnections, which include Alliance, Northern
Border, Guardian (late 2004), ANR, NIPSCO, Crossroads, Consumers
Energy, MichCon, DTE Washington 10 Storage, Bluewater Gas Storage
(fall 2004) and Union Gas. Two power plants also are tied into the
Vector system: Crete Energy Ventures and Kinder Morgan-Jackson.
Parties interested in this Vector Pipeline Open Season should
contact John Donaldson at (734) 462-0238, Matt Malinowski at (734)
462-0236 or Amy Bruhn at (734) 462-0237 for additional information,
which also will be posted Sept. 1, 2004, at
http://www.vector-pipeline.com/ . Vector Pipeline L.P. is a joint
venture between Calgary-based Enbridge Inc. (NYSE: ENB; Tornoto),
with a 60 percent interest, and Detroit-based DTE Energy Company
(NYSE:DTE), with a 40 percent interest. Information about Vector is
available on the web at http://www.vector-pipeline.com/ .
Information about Enbridge and DTE Energy is available at
http://www.enbridge.com/ and http://www.dteenergy.com/
respectively. DATASOURCE: Vector Pipeline L.P. CONTACT: Larry
Springer, +1-713-821-2253, or , for Vector Pipeline L.P. Web site:
http://www.vector-pipeline.com/ http://www.enbridge.com/
http://www.dteenergy.com/
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