Terasen Gas - History

History

Terasen Gas is a subsidiary of Fortis Inc., a Canadian, investor-owned corporation. Terasen Gas is the common name of Terasen Gas Inc., Terasen Gas (Vancouver Island) Inc. and Terasen Gas (Whistler) Inc. Terasen group of companies include: Terasen Gas, Terasen Energy Services (TES) and Terasen Measurement.

  • 1952: Inland Natural Gas was incorporated to distribute natural gas throughout the interior of British Columbia. The company purchased several subsidiaries, including: St. John Oil and Gas, Peace River Transmission, Canadian Northern Oil and Gas, and Grand Prairie Transmission.
  • 1980s: Inland Natural Gas purchased the Lower Mainland gas division from BC Hydro and changed its name to BC Gas, serving 546,000 customers in 70 communities across BC.
  • 2002: BC Gas purchased Centra Gas BC Inc. and Centra Gas Whistler Inc. adding 75,000 natural gas customers on the Sunshine Coast and Vancouver Island, and 2,000 piped propane customers in Whistler.
  • 2003: BC Gas Inc. became Terasen Inc.
  • On May 17, 2007, Fortis Inc. acquired Terasen Inc. from Kinder Morgan, which owned the corporation since 2005.

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