by The Associated Press
Thursday, May 13, 2010
JUNEAU, Alaska -- TransCanada is having talks with potential shippers for its proposed natural gas pipeline in Alaska. But it's barely two weeks into a three-month long open season, when shipping commitments are sought, and the company's vice president of Alaska Development expects down-to-the wire bids this summer.
Tony Palmer said the project is likely to see bids in the last day or two of the open season, which is set to run through July.
He said there have been ongoing discussions with "a number" of potential shippers and early signs have been positive. But he says if bids come back conditioned, it could take months for the company to resolve issues within its control and to determine whether the open season was successful.