On July 2, 2002 TransCanada received the Alberta Energy and Utilities Board's (EUB) disappointing decision not to support our application to extend our Alberta System into the Fort Saskatchewan area.

"We are very disappointed with the decision," says Steve Clark, vice-president of Gas Development and Director of Sales and Marketing. "We were optimistic going into the hearing with firm service delivery commitments for 121 million cubic feet per day and 106 signed landowner agreements under our belts."

The EUB found "the size of the market does not support the need for additional capacity, and there are no compelling reasons that would render the applied-for facilities necessary." Please refer to the EUB web site for the full decision.

Despite the Board's decision, we will continue to keep moving forward, and looking for ways to serve our Fort Saskatchewan customers and new industrial customers. "We value these customers," Steve says. "We will keep working to find ways we can serve them."

For more information, please contact Steve Clark at (403) 920-2018.