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TransCanada Holds Open Houses for the Prince Rupert Gas Transmission Project

Vancouver, British Columbia – May 6, 2013 – The Prince Rupert Gas Transmission project is hosting a series of public open houses to provide information about a proposed natural gas pipeline in northern British Columbia (B.C.).

If approved, the Prince Rupert Gas Transmission pipeline will safely deliver natural gas from a point near the District of Hudson’s Hope to a proposed liquefied natural gas (LNG) facility on Lelu Island within the District of Port Edward.

Open houses are an opportunity for the public to discuss the proposed route with the Prince Rupert Gas Transmission team, learn more about project plans and provide input.

Project staff will be available to answer questions from the public. Additional background information will also be available in print format. The open houses are free and light refreshments will be available.

Community

Location

Date

Time

District of Mackenzie

St. Peter’s Church Hall
599 Skeena Drive
Mackenzie

May 16

5:00 p.m.- 8:00 p.m.

District of Port Edward

Community Centre
770 Pacific Ave.
Port Edward

May 22

6:00 p.m.- 8:30 p.m.

City of Prince Rupert

Lester Centre for the Arts
Main Lobby
1100 McBride St.
Prince Rupert

May 23

5:00 p.m.- 8:00 p.m.

Hazelton and
New Hazelton

St. Peter’s Anglican Church
9340 Government St. Hazelton

June 4

5:00 p.m.- 8:00 p.m.

City of Fort St. John

Pomeroy Sports Centre
East Meeting Room
9324 – 96 St.
Fort St. John

June 10

5:00 p.m.- 8:00 p.m.

District of Hudson’s Hope

Community Hall
10310 – 100 St.
Hudson’s Hope

June 11

5:00 p.m.- 8:00 p.m.

District of Chetwynd

Chetwynd Recreation Centre  Aspen Room
4552 North Access Rd.
Chetwynd

June 12

5:00 p.m.- 8:00 p.m.


BACKGROUND INFORMATION ABOUT THE PRINCE RUPERT GAS TRANSMISSION PROJECT

  • Prince Rupert Gas Transmission is a wholly-owned subsidiary of TransCanada Pipelines Limited.
  • The project was announced in January 2013. The target date for regulatory application is 2014. Pending approvals, construction will commence in 2015 and the pipeline will be iservice by the end of 2018. 
  • The open houses that take place in May and June 2013 are the first in a series of events to introduce the project to the public and gather input. They are being held in communities closest to the proposed pipeline corridor.
  • Meetings with Aboriginal groups, government and landowners began as soon as the project was announced in January of 2013.
  • The proposed Prince Rupert Gas Transmission pipeline is approximately 750 kilometres in length. If approved, it will safely deliver natural gas from the District of Hudson’s Hope to a proposed LNG facility on Lelu Island within the District of Port Edward. The LNG facility is a separate project by Progress Energy Canada Ltd.
  • Construction of the pipeline will create thousands of short-term jobs over a three-year period and contracting opportunities for B.C. businesses.
  • Once operational, the pipeline is expected to generate an estimated $22 million in annual property tax payments to five Regional Districts (Peace River, Fraser-Fort George, Bulkley-Nechako, Kitimat-Stikine and Skeena-Queen Charlotte) and two municipalities (District of Hudson’s Hope and the District of Port Edward).
  • TransCanada has two proposed natural gas pipeline projects in northern B.C. – the Prince Rupert Gas Transmission project and the Coastal GasLink project. Coastal GasLink was announced in June 2012.
  • TransCanada is a Canadian company with over 60 years of experience building and operating pipelines safely and reliably.
  • TransCanada has been operating natural gas pipelines in B.C. for more than 50 years. They include the Foothills pipeline in southeast B.C. and the NOVA Gas Transmission Ltd. (NGTL) pipeline in northeast B.C.

With more than 60 years’ experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities. TransCanada operates a network of natural gas pipelines that extends more than 68,500 kilometres (42,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with more than 400 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns or has interests in over 11,800 megawatts of power generation in Canada and the United States. TransCanada is developing one of North America's largest oil delivery systems. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. For more information visit: www.transcanada.com or check us out on Twitter @TransCanada or http://blog.transcanada.com.

FORWARD LOOKING INFORMATION
This publication contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “would”, “will” or other similar words). Forward-looking statements in this document are intended to provide TransCanada security holders and potential investors with information regarding TransCanada and its subsidiaries, including management’s assessment of TransCanada’s and its subsidiaries’ future financial and operation plans and outlook.  All forward-looking statements reflect TransCanada’s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward-looking information. TransCanada undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to TransCanada’s Quarterly Report to Shareholders dated April 26, 2013 and 2012 Annual Report available on TransCanada’s website at www.transcanada.com and filed under TransCanada’s profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.

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