Overall, transportation and storage revenue for 2007, including commercial operations, was relatively consistent with 2006.

Transportation revenue is determined primarily by the shipper’s level of fixed contracted transportation capacity (contracted firm demand). Transportation revenue for 2007 was six per cent lower than 2006. This decrease was primarily due to a reduction in transportation flows.

At the end of 2006, a long term existing contract ended providing TransGas with the opportunity to enter into the sale of by-products from its processing facility (referred to as commercial operations).

TransGas operates ten storage facilities located throughout the Province, to help ensure that the system can meet peak demand load during the winter. Storage revenue of $25 million for 2007 increased due to the completion of the multi-year Asquith storage project in 2007. Currently, TransGas has more than 35 Petajoules (PJs) of storage capacity. Storage continues to be fully contracted.

Refer to the 2007 Annual Report for further information.
 

 Financial and Operating Highlights | Total Assets