SaskEnergy 2018-19 Annual Report

OUR STORY In 1952, Saskatchewan Power Corporation (SaskPower) was given the authority to supply natural gas within Saskatchewan and the company’s natural gas division engaged in natural gas development, production, transmission and distribution from 1952 to 1988. In April of 1988, Saskatchewan Energy Corporation was incorporated and on June 1, 1988, it commenced operations and acquired the natural gas transmission and distribution assets then owned by SaskPower. In December 1990, the Corporation’s name was changed to Saskatchewan Energy Holdings Ltd. (SaskEnergy) and in May of 1992, Saskatchewan Energy Holdings was amalgamated with its subsidiary, SaskEnergy Incorporated, and continued under the name of SaskEnergy Incorporated. On October 5, 1992, SaskEnergy became a Crown corporation. For 30 years, SaskEnergy Incorporated has been Saskatchewan’s natural gas distribution and transportation company, providing safe and reliable natural gas service to residential, farm, commercial and industrial customers. Today, SaskEnergy has a strong and vibrant workforce of approximately 1,100 employees who work in more than 50 locations across the province. We are responsible for serving more than 397,000 customers in 93 per cent of Saskatchewan communities. Gas is purchased and transported through our more than 70,000 kilometres of distribution lines and 15,000 kilometres of transmission gas lines. Through our subsidiary, TransGas Limited, SaskEnergy owns and operates natural gas gathering, treatment, compression, storage and transmission facilities within Saskatchewan. TransGas transports natural gas for producers, industrial and commercial customers, as well as SaskEnergy. Another subsidiary, Many Islands Pipe Lines (Canada) Limited (MIPL), owns a large diameter low-kilometre transmission gas line system that transports natural gas over the Alberta, Manitoba and United States borders. Our number one priority at SaskEnergy is to maintain a safe and reliable natural gas line system and we are proud to say that we have a 99.9 per cent reliability rating. Thanks to our comprehensive and well-coordinated gas line safety and integrity program, and our dedicated employee team, most customers never experience an unplanned outage. Through our values of Safety, Accountability, Spirit and Collaboration, the SaskEnergy team continues to rise to the challenge of a changing industry and the increased demand for natural gas in Saskatchewan.

Made with FlippingBook Ebook Creator