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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 28, 1974, Lethbridge, Alberta August 28, 1974-THE LETHBRIDGE HERALD-21 Gas sales pact given approval CALGARY (CP) The National Energy Board has approved a sales agreement between Pan Alberta Gas of Calgary and Gaz Metropolitan of Quebec, Pan Alberta Presi- dent Robert Blair said Tuesday. Mr. Blair said the 40 million cubic feet per day agreement, which comes into effect Nov. 1, marks the first time an eastern gas distributor has ac- quired gas directly from Alberta suppliers. The sale represents a 10- per-cent increase in the supp- ly of gas to Quebec and a one per cent increase in exports from Alberta. "After two solid years of constriction in the flow of gas from Alberta we have seen a trend in the last few weeks which will produce more ex- pansion in the said Mr. Blair. He said the conflict in price between producing and con- suming provinces is "gradual- ly now being worked through." Mr. Blair, who is also presi- dent of Alberta Gas Trunk Line, Pan Alberta's parent company, said AGTL's proposal to build a pipeline from the Mackenzie River Delta to carry natural gas to Canadian markets is "as feasible and as economic" as the Canadian Arctic gas pipeline proposal which would require the export of gas to American markets. He said AGTL is yet to see a study which says Alaskan natural gas must be carried in a Mackenzie valley pipeline to make it economic, nor has the company seen any evidence which indicates a Mackenzie valley pipeline would require export markets to be successful, he said. He said the AGTL proposal for the so called "Maple Leaf Pipeline" would be submitted to government regulatory agencies by mid-1975. CP Air may get Tokyo landing rights approval By DAVE BLAIKIE TOKYO (CP) CP Air may be granted an addition to its existing landing rights in Tokyo this fall to allow refuelling stops on flights to Peking, a Japanese foreign ministry spokesman said today. Koichiro Matsuura, a North American affairs specialist, said difficulties surrounding the CP Air application may be cleared up within weeks if Japanese flights between Tokyo and Peking, capital of the People's Republic of China, begin on schedule Sept. 29 "I can't speak officially, but this is he told visiting Canadian reporters. A refueling stop in Tokyo is crucial to the inauguration of regularly-scheduled CP Air flights between Vancouver and Peking. The service was approved by the Chinese last year following the establish- ment of diplomatic relations between China and Canada in 1970 Discover oil off coast of S. Vietnam SAIGON (AP) United States oilmen have discovered oil about 200 miles off the coast of South Vietnam, but they said today they will not know for months whether the deposit is worth exploiting commercially. Trade Minister Nguyen Due Cuong said the strike occurred three days ago at a drilling site 270 miles southeast of Saigon in the South China Sea Pecten Vietnam, owned by U S Shell and Cities Service, began drilling in the area Aug. 17 Company officials said or oil traces, were found at feet, but they did not say how far down the deposit goes. Patrick Glover, vice presi- dent and resident manager of Pecten Vietnam, said the find was "most encouraging" but added: "At this time we cannot say very much about the significance of the shows because additional study and drilling must be made. This does not mean, however, that commercial oil accumulations do exist off Vietnam." Pecten Vietnam is one of pight companies and consor- tiums granted drilling rights off South Vietname in the last year. Pecten is the first com- pany to start drilling. Cuong said two other U.S. companies. Mobil and Exxon, will start drilling this fall, and Sunningdale, a Canadian concern, will begin next March. Work halted AMHERST, N.S. (CP) Tom Love, manager of operations in Nova Scotia for Dresser Olympic Co., a Calgary based exploration firm, said Tuesday that van- dals have halted work around Linden in the northern part of the province. Mr. Love said vandals have destroyed and stolen cables used for a seismic survey. He said the wire has no practical application except in survey work and estimated the loss at CP Air has been attempting since last year to obtain refuelling rights in Tokyo but has been held back pending the opening of regularly- scheduled service between Japan and China. Diplomatic ties between Japdn and China were established in 1972. Matsuura said the delay in granting CP Air the extension of its landing rights in Tokyo to allow refuelling stops was caused by technical not a deliberate bid by Japan to establish regular service to Peking ahead of Canada. The landing rights, when granted, will be only for refuelling purposes, he said. Passenger and cargo rights may be granted in the future but this will depend on further extension of Japanese landing rights in Canada. Vancouver is the only ex- isting Canadian stop for Japan Air Lines. The Japanese government has long been seeking permission to extend the airline's service to Toron- to. Matsuura said Canada is also interested in obtaining a Tokyo refuelling stop for flights to "several other Asian points." He declined to name them, saying the information should come from Canadian officials in Ottawa. This might also form the basis tor negotiations to ex- tend Japanese landing rights in Canada, he said. The existing civil aviation agreement between Canada and Japan was negotiated in 1955. o "The item has come to take a new and serious look at the situation." Matsuura said. workers laid off LONDON (Reuter) Near- ly auto workers have been laid off at Chrysler and British Leyland Corp. plants in Britain because of strikes. In the Chrysler dispute, 500 men in two subsidiaries mak- ing plastic moulding have walked out, demanding the same pay rates as assembly line workers. Without mouldings, all Chrysler production in England and Scotland has ceased, making idle. British Leyland has laid off about car and truck workers because of various strikes in subsidiary factories and some of its Mid England plants have closed. The two car giants between them are losing production totalling cars a day worth more than million in showrooms. Revenue up VANCOUVER (CP) The Bank of British Columbia Tuesday reported after tax revenue of for the nine months ending July 31 compared with for the same period last year. The bank said its total assets now stand at million. PHIICO IDCAI! HRBT SHE rf tU TOWNE COUNTRY FURNITURE is proud to present the complete line of 1975 Philco-Ford Television and Stereos. Castille 26" Negative Matrix picture tube 100% solid state chassis Philcomatic III "soft touch" tuning system Mediterranean styling in dark oak veneers Hartford 26" picture tube 100% solid state Pre-set fine tuning Contemporary consolette in walnut finish Concorde Contemporary console in pecan veneer Smoked glass disappearing doors 100% solid state "Boss" chassis 26" negative matrix picture tube Philcomatic "soft touch" tuning system, 100% electronic L. Machl Liven your livin' and viewin' with one of these color co-ordinates 100% solid state chassis 10" viewing screen Exclusive view-tilted swivel base See these and the many other Philco-Ford Color Televisions and Stereos now! Remember take advantage of the "HOTTEST SALE OF THE YEAR PRICES" on all 1975 Philco-Ford models. All Philco-Ford sets carry a one-year FREE SERVICE WARRANTY! Opan Daily 9 a.m. to p.m. Thursday and Friday 9 a.m. to 9 p.m. 542 13th StrMt North Phona 328-1151 Towfle Countr Convenient Budget Chargex Free Storage Matter Charge Depotlt Will Hold LMM Plan Free Delivery Free Parking ;