NGTL System

This is our natural gas gathering and transportation system for the WCSB, connecting most of the natural gas production in western Canada to domestic and export markets. We believe we are very well positioned to connect growing supply in northeast B.C. and northwest Alberta. It is these two supply areas, along with growing demand for firm transportation in the oil sands area and to our major export points at Empress and Alberta/B.C. delivery locations, that is driving our large capital program for new pipeline facilities. The NGTL System is also well positioned to connect WCSB supply to potential LNG export facilities on the Canadian west coast.

The NGTL System is currently undertaking a $9.1-billion multi-year infrastructure expansion program that will increase transportation capacity for Western Canada producers and provide downstream markets increased access to clean-burning natural gas.

In addition, in October 2018, we announced a new $1.5 billion expansion to our NGTL System to further connect WCSB supply to incremental market demand. Delivery services for this program are expected to commence in April 2022. Read more. 

For commercial information, visit TCCustomerExpress.com.

The NGTL System is governed according to regulations outlined by the National Energy Board (NEB).

On June 25, 2018, TransCanada Corporation announced that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), had received National Energy Board (NEB) approval for its 2018-2019 Revenue Requirement Settlement, which establishes the annual costs required to operate the NGTL System.

The settlement covers all NGTL System operating costs for the two-year term, including return on equity and depreciation. It also includes a mechanism that incentivizes NGTL to remain strongly focused on cost management as well as operating efficiencies and system reliability. The agreement:

• encompasses a two-year period from January 1, 2018 to December 31, 2019;
• fixes the equity return at 10.1 per cent on 40 per cent deemed common equity;
• establishes depreciation at a forecast composite rate of 3.45 per cent;
• fixes operating, maintenance and administration (OM&A) costs at $225 million for 2018 and $230 million for 2019, and includes a sharing mechanism that incents NGTL to achieve cost efficiencies; and,
• provides for flow-through treatment of all other costs including pipeline integrity expenses and emissions costs.