NGTL System
Project information
As at 31 December 2025
Description
As at 31 December 2025
CER-regulated natural gas gathering and transportation system in the WCSB, owned through NGTL Limited Partnership following an April 2024 reorganization. Operates under a CER-approved five-year negotiated revenue requirement settlement effective January 1, 2025 maintaining a 10.1% ROE on 40% deemed common equity, with depreciation and emissions incentive mechanisms. Recent expansions: 2021 Expansion Program (344 km, ~1.45 Bcf/d incremental, $3.6 billion, completed 2024); 2022 Expansion Program (166 km, ~722 MMcf/d, $1.4 billion, completed 2023); Intra-Basin Expansion (23 km, ~238 MMcf/d, $0.5 billion, completed 2024); NGTL/Foothills West Path Delivery Program (107 km, ~258 MMcf/d under 30+ year contracts, $1.6 billion, completed 2023). The Board has approved up to $3.3 billion for the Multi-Year Growth Plan, with ~$1.1 billion at FID and ~1.0 Bcf/d of incremental throughput expected.
Processing facilities
As at 31 December 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.