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ARTICLE · 17 JULY 2008

TransCanada Applies To Shift Regulatory Oversight For TransCanada Alberta System To Federal NEB

TransCanada PipeLines Limited (TCPL) has applied for a declaration that the National Energy Board (NEB) has jurisdiction over its Alberta natural gas system (Alberta System), which is owned by NOVA Gas Transmission Ltd., a wholly-owned subsidiary of TCPL.

CanadaEnergy and Natural Resources

TransCanada PipeLines Limited (TCPL) has applied for a declaration that the National Energy Board (NEB) has jurisdiction over its Alberta natural gas system (Alberta System), which is owned by NOVA Gas Transmission Ltd., a wholly-owned subsidiary of TCPL. In part, this move highlights how TCPL intends to competitively position itself for the delivery of anticipated Mackenzie Delta, Alaskan and Northeastern British Columbia gas supply arriving at the Alberta border, and for delivery to markets both within and outside of Alberta.

If the application is approved, it will mean that the entire TCPL system will fall under the jurisdiction of one regulatory authority – namely, the NEB. Ceding jurisdictional authority to the federal regulator represents a significant paradigm shift for the Province of Alberta. This is especially true given the history of the Alberta System and the historic position taken by

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