Saskatchewan Natural Gas Transmission Company
 - Marketing to Alberta Gas Producers

Ron Clark, President and CEO, of the natural gas transmission and storage company TransGas Ltd., today announced an aggressive new strategy for TransGas and its affiliate Many Islands Pipe Lines (Canada) Limited (MIPL), which could make a big difference to the bottom line of gas producers near the Alberta/Saskatchewan border.

"TransGas isn’t new to the gas industry….we have 45 years of experience owning and operating transmission, gathering, compression, treatment and natural gas storage facilities," Clark said to a crowd of over 100 at the Sheraton Suites Eau Claire Monday evening. "However, we’ve got a new message for gas producers in Alberta."

TransGas and MIPL offers continental market access through interconnections to major export pipelines leaving western Canada. They also offer a seamless toll of 24 cents per thousand cubic feet from receipt to delivery.

Clark announced that TransGas is locking in this toll for 2000 and 2001 and expects rate stability well beyond this period.

"When you compare our toll commitment to the proposed tolls facing Alberta gas producers, the potential annual savings are literally millions."

In addition, Clark indicated that in many cases, the company will be applying new investment criteria that will bring Alberta gas to TransGas and Saskatchewan with virtually no capital contribution required from producers in the targeted areas.

"The bottom line is our ‘Saskatchewan Connection’ can provide producers access to the markets they are already serving in eastern Canada or the U.S. – but offer substantial savings using the TransGas link."