The Canadian Energy Pipeline Association is releasing two companion studies at the Ziff Energy Group's 30th North American Gas Strategies Conference.

They quantify the economic benefits that result from pipeline
investment and illustrate the potentially very significant costs to
Canadian residential, commercial and industrial consumers that would
result from delays in the construction of new pipeline infrastructure
in North America.

The studies indicate that:

· a $1.52 billion, 1,000 kilometre natural gas pipeline project would increase Canada's GDP by $1.2 billion and create 17,384 jobs, with benefits being shared across the country; and
· the cost to Canadian natural gas consumers of a two year delay in the construction of the Mackenzie Valley Pipeline, Alaska Gas Pipeline and new liquefied natural gas (NGL) terminals could amount to as much as CDN $57.7 billion between 2006 and 2025.

David MacInnis, President of the Canadian Energy Pipeline Association (CEPA) will be presenting the studies today in Calgary.

Canadian Energy Pipeline Association