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The value of SaskEnergy’s strong connections — to our partners, to the private sector
and to the customers we serve throughout the Province — was highly evident during
the economic fluctuations of 2008.
The significant changes that affected the commodity market, including natural gas,
were felt at SaskEnergy and TransGas, as both natural gas users and producers moved
from heightened market pricing in the first part of 2008 through a cycle of dampened
pricing in the latter part of the year, triggered by the world economic slowdown.
The resilience of our Strategic Plan and our partnership model gives us confidence
in a bright future. We are ready to keep “breaking ground” for the future, as proven
by the following 2008 achievements:
We served 6,094 new customers with natural gas in 2008, the highest total since
the 1980s.
We continued our commitment toward operational efficiency with the implementation
of mobile work dispatch technology that will allow us to deliver better customer
service in a timelier manner.
We are leveraging our core expertise through partnerships with the private sector,
including working with ATCO to expand our flare gas capture business in southeast
Saskatchewan and a consortium led by the Petroleum Technology Research Centre and
other partners on a highly promising project to transport and store carbon dioxide
in an underground aquifer.
Our core distribution and transmission businesses remain fundamentally healthy,
as we provide competitive rates to our customers, and competitive returns to our
shareholder.
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