March 20, 2018 / 4:32 PM / 3 months ago

BRIEF-Transcanada Announces Completion Of NGTL Export Capacity Open Season

March 20 (Reuters) - Transcanada Corp:

* TRANSCANADA ANNOUNCES SUCCESSFUL COMPLETION OF NGTL EXPORT CAPACITY OPEN SEASON

* ‍NGTL EXPORT CAPACITY OPEN SEASON CLOSED ON MARCH 15 AND WAS OVERSUBSCRIBED, WITH AVERAGE AWARDED CONTRACT TERM OF ABOUT 22 YRS

* ‍NOVA GAS TRANSMISSION LTD IS WORKING TO FINALIZE SCOPE OF EXPANSION FACILITIES TO MEET SERVICE REQUIREMENTS RESULTING FROM OPEN SEASON​

* ‍NGTL ANTICIPATES AN EXPANSION INVESTMENT OF APPROXIMATELY $120 MILLION​ Source text for Eikon: Further company coverage:

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