City goes to Plan B for gas supply
Poll
No
(11%, 32 Votes)
TC Energy has cancelled a substantial pipeline that would have brought jobs to the region and more natural gas to Medicine Hat for a power plant expansion, but the city utility department says an alternative deal to supply gas for the new unit is in place.
The Nova Gas Medicine Hat Looping Project would have seen 65 kilometres of 24-inch pipe laid between the city’s north end and areas nearer to the TC Energy Mainline at Empress.
Scheduled to be built by 2023, it was to deliver additional gas on a 15-year contract with the city to fire a second turbine at the municipality’s expanding north-end power plant.
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Better pricing has natural gas sector feeling optimistic
Poll
Too strict
The mood among natural gas producers in the province is greatly improved, says the head of one major company with operations in southeast Alberta, as better pricing from last year carries into 2021.
But that’s after a rough few years of depressed prices, cost cutting and severe contraction and bankruptcies in the sector.
However, Phil Hodge at Pinecliff Energy says companies like his and others, which survived gas prices plummeting to historic lows two years ago, are more stable heading forward.
“(Pricing environment in 2020) was way better than 2019, but that was the low point,” said Hodge, whose company has major dry gas operations in the southeast corner and southwest Saskatchewan.