Our Company and Our Businesses

Spectra Energy Corp (NYSE: SE), a Fortune 500 company, is one of North America’s premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 19,100 miles of transmission pipeline, more than 305 billion cubic feet (Bcf) of storage, as well as natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of both the Dow Jones North America Sustainability Index and the U.S. S&P 500 Carbon Disclosure Project’s Leadership Index.

U.S. Transmission
Our U.S. Transmission business provides transportation and storage of natural gas for customers in various regions of the northeastern and southeastern United States and the Maritime Provinces in Canada. Our U.S. pipeline systems consist of more than 14,300 miles of transmission pipelines that receive natural gas from major North American producing regions for delivery to their respective markets. U.S. Transmission has 129 Bcf of storage capacity.

Western Canada Transmission & Processing
Our western Canadian operations provide natural gas gathering and processing services to customers in British Columbia and Alberta and transport processed gas to markets in the BC lower mainland and the U.S. Pacific Northwest. Comprised of the BC Pipeline and BC Field Services, and the natural gas liquids marketing and Canadian Midstream operations, our assets in Western Canada are strategically located to connect Western Canadian natural gas supply sources with growing Canadian and U.S. markets. BC Pipeline has approximately 1,800 miles of transmission pipeline in BC and Alberta. BC Field Services has five gas processing plants and approximately 1,500 miles of gathering pipelines. The Canadian Midstream business consists of 11 natural gas processing plants and approximately 600 miles of gathering pipelines.

Union Gas
Union Gas, which specializes in the sale and delivery of natural gas to homes, businesses and industries, as well as the storage and transportation of natural gas for additional utilities and companies, serves more than 1.3 million residential, commercial and industrial customers in Ontario. Union Gas’ system consists of approximately 37,300 miles of distribution main and service pipelines, 156 Bcf of storage capacity in 23 underground storage facilities and approximately 3,000 miles of high-pressure pipelines.