Millennium Pipeline Ventures LP NATURAL GAS THROUGHPUT VOLUMES VENTURES LP TQM MANAGEMENT ’ SDISCUSSIONANDANALYSIS TransCanada has a 21 per cent interest in the proposed Millennium Pipeline project in the U.S. and 100 per cent of the Canadian portion of the Lake Erie crossing. In August 2001, TransCanada and Westcoast Energy jointly withdrew their respective NEB applications and in December 2001, the Minister of the Environment for Canada terminated the environ- mental assessment of the Canadian Millennium project. In 2001, TransCanada Pipeline Ventures Limited Partnership (Ventures LP) was successful in securing incremental contracts for transportation service on its oilsands pipeline in northeast Alberta. To support this new service, planning and construction activities are underway on a lateral pipeline expansion and a compressor station addition. These projects are expected to be placed in service in 2002 and 2003. T rans Québec & Maritimes Pipeline Inc. (TQM) is a 572 kilome- tre natural gas pipeline system which connects with the Canadian Mainline and transports gas from Montreal to Québec City and to the Portland  system. TransCanada holds a 50 per cent interest in TQM. V entures LP, which is  100 per cent owned by T ransCanada, owns a  110 kilometre pipeline which supplies natural  gas to the oil sands region of northern Alberta, and a 27 kilo- metre pipeline which supplies natural  gas to a petrochemical complex at Joffre, Alberta. *Placed in service in 1999. TRANSCANADA 26 (Bcf) 2001 2000 1999 Alberta System 4,059 4,490 4,535 Canadian Mainline 2,450 2,675 2,684 BC System 395 408 398 Great Lakes 804 898 937 Northern Border  821 853 835 Iroquois  314 344 345 Portland* 44 40 22 Tuscarora  23 25 24 Foothills 1,117 1,186 1,132 Trans Québec & Maritimes 161 168 147 Ventures LP* 60 36  – 