AltaGas Announces Status of Harmattan Co-Stream Project

AltaGas Ltd. (TSX:ALA, TSX:ALA.PR.A,TSX:ALA.PR.U) announced that the Supreme Court of Canada has dismissed an appeal challenging the approval of the  Harmattan Co-stream project.

As quoted in the press release:

The Harmattan Co-stream project commenced commercial operation in November 2012. The Co-stream Project will use 250 Mmcf/d of existing spare capacity to recover ethane and other NGLs from natural gas sources in the NOVA Gas Transmission Ltd. (NGTL) Western System. The project is underpinned by a 20-year cost-of-service contract with NOVA Chemicals Corporation.

To view the whole press release, click here.