Statoil to supply shale gas to Canada

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Statoil to supply shale gas to Canada

posted on May 04, 2010 09:10PM

Norwegian giant Statoil has seal a deal to pipe gas from the northern Marcellus shale play, in Pennsylvania, to Niagara on the US border with Canada.

The agreement with National Fuel provides for the reversal of the flow of the pipeline. This will require some additional compression and other minor modifications, Statoil said.

The pipeline starts at Ellisburg, Pennsylvania and lands at the Niagara delivery point which is directly connected through existing infrastructure to the Greater Toronto metropolitan area and Union Dawn market hub, which is the second largest traded gas market in Canada.

The expected in-service date is mid 2012 and Statoil has booked the capacity for a 20 year period.

In March this year, Statoil entered into a separate agreement to transport and deliver gas from the northern Marcellus to the New Jersey and New York City areas.