Page 26 - October 21, 2019
P. 26
THE WEEKLY ANCHOR
THE WEEKLY ANCHOR
PAGE 26 MONDAY OCTOBER 21, 2019 MONDAY AUGUST 19, 2019 PAGE 27
A Monthly update on the Oil & Gas and Energy Industry
ENERGY EDUCATION IN ACTION
CER natural gas decision: Associate Minister Nally issues statement
Associate Minister of Natural Gas Dale Nally issued the following statement in response to the Canada Energy
Regulator (CER) decision to revise natural gas pipeline storage during maintenance periods:
“The Canada Energy Regulator’s balance on our pipelines and reducing price The Natural Gas Advisory Panel’s
approval is a significant milestone for volatility. Roadmap to Recovery report included
our natural gas sector. “This temporary solution will be in place 48 recommendations to government to
“By bringing industry to the table, our until Oct. 31, 2020, when TC Energy’s address the systemic challenges facing
continued from page 26 government encouraged companies to NGTL system expansion is expected to Alberta’s natural gas sector.
put their differences aside to protect our increase delivery capacity for the Western Recommendation 7 of the report
natural gas producers and save Alberta Canadian Sedimentary Basin. states the Government of Alberta
jobs. “While today’s approval is important – should encourage NGTL to reverse its
“Since forming government, we have we know the hard work is far from over. July 2017 restriction protocol during
fought hard for our province’s natural Our natural gas sector continues to face maintenance periods, to allow gas to
gas sector – taking bold action to significant challenges and uncertainty. move more freely in and out of storage.
address ongoing challenges such as low “However, unlike the previous
and volatile prices, and pipeline government that neglected this critical
Tim McMillan
President and CEO constraints. industry, our government remains firm in
Canadian Association of Petroleum Producers “We understand that revitalizing our our commitment to stand up for Alberta
natural gas sector means we will attract and position the sector for long-term
investment back into our province and success.
save the jobs that families across “We will continue to build our reputation
Alberta rely on. This is why we have as a great place to invest, and get hard-
encouraged industry to see the big working Albertans back to work. Alberta
picture, and find real solutions that will can and will be a secure and stable energy
ease the pressures companies face. provider for our province, our country and
“CER’s decision allows TC Energy to the world.”
update its storage rules during pipeline Key facts
maintenance periods, allowing natural The revised storage protocol will be in
gas producers to access previously place between April and October, ending
unavailable storage, creating more Oct. 31, 2020.
Industry supporters of responsible energy
Specializing in pipeline construction, facility constructions,
maintenance, abandonments and compression projects
780-728-0004 4515 2nd Avenue
THE WEEKLY ANCHOR
PAGE 26 MONDAY OCTOBER 21, 2019 MONDAY AUGUST 19, 2019 PAGE 27
A Monthly update on the Oil & Gas and Energy Industry
ENERGY EDUCATION IN ACTION
CER natural gas decision: Associate Minister Nally issues statement
Associate Minister of Natural Gas Dale Nally issued the following statement in response to the Canada Energy
Regulator (CER) decision to revise natural gas pipeline storage during maintenance periods:
“The Canada Energy Regulator’s balance on our pipelines and reducing price The Natural Gas Advisory Panel’s
approval is a significant milestone for volatility. Roadmap to Recovery report included
our natural gas sector. “This temporary solution will be in place 48 recommendations to government to
“By bringing industry to the table, our until Oct. 31, 2020, when TC Energy’s address the systemic challenges facing
continued from page 26 government encouraged companies to NGTL system expansion is expected to Alberta’s natural gas sector.
put their differences aside to protect our increase delivery capacity for the Western Recommendation 7 of the report
natural gas producers and save Alberta Canadian Sedimentary Basin. states the Government of Alberta
jobs. “While today’s approval is important – should encourage NGTL to reverse its
“Since forming government, we have we know the hard work is far from over. July 2017 restriction protocol during
fought hard for our province’s natural Our natural gas sector continues to face maintenance periods, to allow gas to
gas sector – taking bold action to significant challenges and uncertainty. move more freely in and out of storage.
address ongoing challenges such as low “However, unlike the previous
and volatile prices, and pipeline government that neglected this critical
Tim McMillan
President and CEO constraints. industry, our government remains firm in
Canadian Association of Petroleum Producers “We understand that revitalizing our our commitment to stand up for Alberta
natural gas sector means we will attract and position the sector for long-term
investment back into our province and success.
save the jobs that families across “We will continue to build our reputation
Alberta rely on. This is why we have as a great place to invest, and get hard-
encouraged industry to see the big working Albertans back to work. Alberta
picture, and find real solutions that will can and will be a secure and stable energy
ease the pressures companies face. provider for our province, our country and
“CER’s decision allows TC Energy to the world.”
update its storage rules during pipeline Key facts
maintenance periods, allowing natural The revised storage protocol will be in
gas producers to access previously place between April and October, ending
unavailable storage, creating more Oct. 31, 2020.
Industry supporters of responsible energy
Specializing in pipeline construction, facility constructions,
maintenance, abandonments and compression projects
780-728-0004 4515 2nd Avenue
