Unregulated Natural Gas Storage
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Overview |
TransCanada Gas Storage Partnership manages a portfolio of strategically located natural gas storage facilities in Alberta, Canada, connected to the Nova Inventory Transfer (NIT) market hub via the TransCanada NGTL System.
The geographic diversity of our capacity and our financial stability enables us to provide the most reliable service in Alberta.
TransCanada believes the long-term market fundamentals for natural gas storage are strong. Storage will continue to serve market needs as fundamental trends, such as increasing supply and gas powered generation evolve.
TransCanada’s non-regulated gas storage business is operated independently from its regulated affiliates.
Services
TransCanada offers a broad range of competitively priced storage designed to suit individual requirements. Our customers, including marketers, utilities, aggregators and producers, typically use storage to provide supply security and operational balancing, as well as risk management and price arbitrage.
Our typical services may include:
- Cycling rates up to 3.0 cycles/year
- Contract terms from one month to 20 years
- Rights to extend term or increase capacity
- Peaking and short notice delivery services
- Short-term Market Centre park and loan transactions
Storage service rates are fully negotiated based on the level of service provided. All non-regulated gas storage is connected to the Alberta NIT market hub.
We are committed to providing superior customer service to meet the growing needs of our customers. TransCanada utilizes a user-friendly online nomination system that allows customers to submit nominations, calculate allowed injection or withdrawal rights, and generate historical reports.
In addition, customers have access to the marketing and operations desk via phone, email and instant messenger.
Contracts
TransCanada uses industry standard practices to contract for gas storage and services. The first step to entering a storage contract involves execution of a "Master Storage Agreement".
The second step is a credit review to ensure financial assurances are adequate. With documentation and credit in place, a confirmation is generated for each agreed upon gas storage or service transaction.
For more information on contracting for service with TransCanada, please contact one of TransCanada's marketing representatives.
All non-
regulated gas storage is connected to the NIT market hub
Services
range in flexibility, firmness and term
Storage
service rates are fully negotiated based on the level of service
provided
Documents and Maps
TransCanada's unregulated natural gas storage business includes Alberta's Edson and Crossfield gas storage facilities.
Ways to reach us
We’re committed to maintaining open lines of communication. Please contact the individual office below with any questions, comments or concerns.
| Unregulated Gas Storage | |
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450 – 1 St. S.W. |
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| 1.403.920.2000 | 1.800.661.3805 Toll-Free (North America) |
| 1.403.920.2344 | tgsp_marketing@transcanada.com |
| Emergency Response | |
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Our commitment to the safety of our people, pipelines and facilities is unwavering. In case of an emergency, please call the appropriate 24-hour toll-free hotline: |
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| Canada: | 1.888.982.7222 |
| Media Relations | |
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| TransCanada welcomes enquiries from media. Please direct questions to: | |
| 1.800.608.7859 Toll-free (North America) | communications@transcanada.com |
| Investor Relations | |
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| We welcome inquiries from analysts, shareholders and prospective shareholders at: | |
| 1.800.361.6522 Toll-free (North America) | investor_relations@transcanada.com |