Reasons For Decision In The Matter Of Alberta And Southern Gas Co Ltd Consolidation Of Licences Gl 3 Gl 16 Gl 24 Gl 35 Gl 67 Gl 68 And Gl 69 Including A Term Extension And Certain Other Changes

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Download or read book Alberta and Southern Gas Co. Ltd written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: These would include: the expectable surplus during the period for which the extension is requested; any alternative export GH-4-86 1 markets for the gas in question; the effect on, need for, and utilization of pipeline facilities; the expectation that the gas being considered will be taken; and any particular commercial features of the export market to be served. [...] The term quantity under the new consolidated licence would be equal to the sum of the term quantities of the seven existing licences less the total quantities actually exported under those licences as of the effective commencement date of the new licence. [...] The CPA argued that the Board should proceed cautiously with applications seeking to recover "trapped gas" because of the current uncertainties caused by: the advent of deregulation in the gas industry; the implementation of new GH-4-86 3 surplus determination procedures; and the current business environment. [...] The new licence will incorporate all of the terms and conditions of the Applicant's seven existing licences and will include the requested change in the daily and annual authorizations during the period 1 November 1990 to 31 October 1993. [...] As the authorizations provided for under the consolidated licence do not include any increase in the authorized term quantity, the Board is satisfied that adequate surplus and deliverability exist to the end of the extension period.