World Energy Council World Energy Council North America Region Energy ForumForum

October 21, 2009

Presentation by Douglas BloomPresident, Spectra Energy Transmission West

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Strategically Located AssetsStrategically Located Assets2008 Natural Gas Pipeline Throughput 3.6 TcfMiles of Transmission Pipe 19,100Miles of Gathering Pipe 62,500Miles of Distribution Pipe 37,000Storage Capacity 285 BcfRetail Customers 1.3 million

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Growing Unconventional ProductionGrowing Unconventional Production

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What do we mean by “shale gas”?What do we mean by shale gas ?

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Shale Gas Play LocationsShale Gas Play Locations

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Getting Shale to MarketGetting Shale to Market

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Northeast BC with Emerging Shale Plays and Supply Flowsand Supply Flows

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Concluding thoughtsConcluding thoughts• Shale gas/unconventional gas will play a significant and growing part of the

North American natural gas supply portfolio/overall energy supply mix.

• Significant growth will occur in Western Canada with the majority of that growth in BC.

• Spectra Energy is making significant investments in infrastructure development (augmenting our existing asset footprint) to meet the needs of p ( g g g p )unconventional gas producers and downstream customers.

• The growth and development of unconventional gas is positive given the The growth and development of unconventional gas is positive given the importance of natural gas in meeting the need for clean, reliable, abundant and domestic natural gas.

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Natural Gas - The Natural AlternativeNatural Gas The Natural Alternative

S NG Vid HD P P i HiSpectra_NG_VideoHD_PowerPoint_Hi.wmv

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