Multiple Bids During TransCanada Pipeline Open Season

Dave Donaldson, APRN – Anchorage

TransCanada Pipeline says there were multiple bids submitted by

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potential users of a gas pipeline from the North Slope to North American Markets. In announcing the results of the Open Season process that closed at the end of business today, TransCanada’s Tony Palmer said the bids came from the natural gas industry and they totaled a significant volume.

Without giving details, Palmer said the company – working within the state permit granted by the legislature – still must resolve key details of the bids. He said however, that the company is encouraged by the initial response.

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