Transportation Agreement with EnCana Corporation Requires Additional Capacity HALIFAX, Nova Scotia and WALTHAM, Mass., Feb. 5 /PRNewswire/ -- Maritimes & Northeast Pipeline is proposing to increase the capacity of the U.S. portion of its pipeline system to transport new natural gas supplies from EnCana Corporation's planned Deep Panuke project, located off the coast of Nova Scotia, to growing markets in Atlantic Canada and the Northeast United States. Following a successful open season for its Phase V Project, Maritimes has executed a commercial agreement with a subsidiary of EnCana to transport up to 170,000 dekatherms per day (Dth/d) year-round, and an additional 30,000 Dth/d during the winter months. The Phase V Project continues Maritimes' efforts to add incremental supplies from diverse sources to ensure that Atlantic Canada and the Northeast markets of the Mid-Atlantic and New England states have access to ample natural gas. "With direct access to the Northeast, the Maritimes system is the ideal route to bring new volumes of offshore supply to markets where demand continues to grow," said Tina Faraca, president, Maritimes & Northeast Pipeline. "The Phase V Project will be sized and timed to meet our customers' needs by efficiently and economically expanding our existing system. By optimizing our existing infrastructure, we are best positioned to respond with cost-effective projects that support the need for new long-term transportation capacity." The Phase V Project proposes to increase the capacity of the approximately 330-mile U.S. portion of the Maritimes system through the installation of additional compression at existing compressor stations, and a short length of pipeline loop within an existing corridor. Enhancing existing facilities will help to limit the proposed project's impacts to landowners, communities, and the environment. Maritimes expects to place the approximately $240 million project into service in November of 2010. Maritimes & Northeast Pipeline is owned by affiliates of Spectra Energy (77.53 percent), Emera Inc. (12.92 percent) and Exxon Mobil Corporation (9.55 percent). Maritimes is headquartered in Halifax, Nova Scotia, with an additional office in Waltham, Mass. Operations centers are located in Fredericton, New Brunswick; New Glasgow, Nova Scotia; Greenland, New Hampshire; and Richmond, Brewer and Baileyville, Maine. For more information, please contact Maritimes on the Internet at http://www.mnpp.com/. DATASOURCE: Maritimes & Northeast Pipeline CONTACT: Media, Marylee Hanley, +1-617-560-1573, or Stephen Rankin, +1-902-425-4293, 24-hour media line, +1-713-627-4747; Analysts, John Arensdorf, +1-713-627-4600 Web site: http://www.mnpp.com/

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