vector announces one month delay december 1 note market reaction interesting one surmise quite bit gas contracted vector firm utility gas run chicago may temporary alternate arrangements completed vector delay confirms market suspicions future shippers new chicago dawn vector pipeline fears confirmed tuesday pipeline officials announced start date project scheduled nov 1 coincide start long awaited alliance pipeline would delayed dec 1 vector officials blamed delay excessive rainfall hampered construction pipeline completed would provide initial takeaway 700 mmcf 1 3 bcf western canadian gas shipped chicago market alliance alliance due begin operations oct 31 announcement yesterday left many market asking million dollar question alliance gas go meantime alliance officials noted line connections existing pipelines ldcs serving chicago hub could pick slack oct 31 dec 1 alliance jack crawford downplayed impact vector start delay alliance think much effect working closely vector connection ready close also five connections existing pipelines ldcs chicago many shippers understand startup magnitude alliance vector likely bumps beginning immediate market reaction news somewhat unexpected chicago basis november widened plus 9 5 10 plus 11 12 tuesday following vector announcement contradictory would think would occur said chicago trader large marketing company offering index plus gas today betting chance come time bidweek rolls around said effect market profound would thought agreed another trader fact chicago prices actually strengthened news would think excess gas market starting nov 1 basis would come thing think people betting cold weather showing chicago market nov 1 well meanwhile dawn prices one would expected strengthen following news november basis widened low 30 plus 36 yesterday following announcement michigan trader said vector pipeline would transport much alliance gas market hub chicago hub dawn well provide access markets storage upper midwest line eventually carry 1 bcf initial start delivery capacity 700 mmcf pipeline slated serve key markets ontario quebec u midwest northeast vector shippers notified delay along rest market tuesday although many already suspected pipeline able adhere scheduled start date ldc forum chicago weeks ago spokesman vector insisted pipeline schedule sources said showed pictures parts pipeline underwater folks knew meant presently 90 vector line installed progress springville compressor station schedule according company dec 1 start date includes adequate time weather impacts extensive commissioning testing programs necessary said adding vector scheduled begin filling system late october complete commissioning facilities sponsors vector include calgary based enbridge inc 45 interest westcoast energy inc vancouver bc 30 interest detroit based mcn energy group inc 25 interest