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Show The National Enterprise , March 30, 1977 Page eleven Loan Volume All Salt Lake Banks Canadas Natural Gas Policies Could Snag Northwests Plans ($ Million) Week Ending March 9, 1977 Given the blessing of the British Columbia provincial government, Northwest Pipeline will purchase 200 million cubic feet of natural gas per day from Westcoast Transmission Co., Vancouver, British Columbia, at SI. 94 per thousand cubic feet. Unfortunately, the officials in British Columbia are expected to op- - Source: Federal Resene Bank of San Francisco. pose the efforts of Westcoast Transmission to acquire the gas though from their Canadian supplier, Gas. Ltd. officials Government said. The short supply of gas there has had a detrimental impact on industrial and economic growth in the Northwest. there are determined to encourage gas production within the B.C. province, and purchasing gas from the Alberta province will do little to goad exploration and production in the Canadian province, the officials say. Officials at Northwest coast Transmission, John of McMillian, president Northwest Pipeline, urged the Canadian company to complete negotiations with in order to secure more gas for the needy Northwest states. One day later, the two Canadian companies were in accord. Pan-Alber- ta In a telegram to West- Pan-Alber- have no way of measuring the feelings of the Canadian government representatives but an authorized spokesman for Northwest said it is not the intent of the British Columbian government to deprive the American Northwest (Washington, Oregon and Idaho) of needed natural gas. Spokesman Owen Zuro said government officials there are very' concerned with longterm gas production within the province and are prepared to forbid British Columbian gas transmitters and suppliers in British Columbia from buying gas from other Canadian provinces. The amount of gas received at Summas, Wash., Northwest Pipelines gas import center for the American Northwest, has been periodically slowed by as much as 50 percent since 1973, Zuro Pipeline ' ' y . s ' ,S.A ' '' ' - ' s . .V ' ' - i " - ,?s A ' ". According to Zuro, the Alberta provincial government is all for interprovincial transmission of gas, but final approval is dependent upon the decision of the British Columbian Petroleum Corp., the governmental bureau responsible for purchase, distribution and pricing of B.C. gas. If the B.C. bureau approves, Westcoast Transmission will begin piping some 75 million cubic feet of gas per day by May 1. Upon completion of some 40 miles of pipeline (connecting the reserves with Westcoast Transmission), another 125 million cubic feet per day will begin to flow to Sumas. Expected of date that pipecompletion Pan-Alber- ta line is Nov. 1. ' " s . ,!,u' v.' : Us s v. ta ' vc . Xs f- s " ' s .S t ' SL Building Asks . ' Corporate Reporting for Less Historic Status Continued from page one condominium. For a company in the 0 percent tax bracket, this is a terrific deal, Miller said. They get back 50 45-5- For thirty-on- e years Lorraine Press has been printing annual reports for government and businesses throughout the U.S. That experience and expertise can be yours. percent of their remodeling costs in five years. So far. he said, a real estate investment company. a real estate marketing and development company and a financial company have purchased space. Miller, Noble maintains no design control over the remodeling plans. After the building is sold. Miller said, the owners form an association to maintain the building as a whole. ask us for Preliminary printing specifications for lowest cost, fastest method of printing. tif Ca Chilli Complete service from original rough draft through finish printed material. - C- - - at QyailiPiiti ask us Enjoy French cuisine phone (801) 972-562- 6 Tuesday thmugh Saturday Brunch on Sunday and a Basque style dinner Sunday evenings 1952west 1500south salt lake city, Utah 84104 f ! Phone 942-175- 1 for reservations. |