NEB Releases Final Audit Report into TransCanada Pipelines Integrity Management Program

 NEB Releases Final Audit Report into TransCanada Pipelines Integrity  Management Program  CALGARY, Feb. 24, 2014 /CNW/ - The National Energy Board (NEB or the Board)  today released its final report detailing its audit of TransCanada PipeLines  Limited's (TransCanada) Integrity Management Program. The Board finds that  TransCanada has identified the majority, and most significant, of its hazards  and risks, however there are areas where the company was found to be out of  compliance. TransCanada will be required to submit a corrective action plan  for Board approval within 30 days of this report being issued that clearly  lays out how it will address non-compliant findings. This audit is one of six  comprehensive management system audits conducted by the Board each year.  Pipeline companies under the Board's regulation are required to incorporate  Integrity Management Programs into their day-to-day operations. These programs  include the tools, technologies and actions needed to ensure that pipelines  are safe and remain that way over time. Integrity Management Programs also  enable companies to predict and prevent pipelines incidents. A finding of  non-compliance may not necessarily mean that there is an immediate hazard,  however a corrective action is required in order for the company's system to  remain safe. If any non-compliance was deemed to pose an immediate hazard the  Board would take appropriate enforcement action.  "Audits are an effective tool to promote compliance and proactively detect and  correct non-compliances before they become issues." said Gaétan Caron, the  Chair and CEO of the NEB. "The facilities we regulate are safe and the  environment in which they operate is well protected. At the same time, we are  Canada's energy watchdog and our work is never finished. We strive to  continually improve. This audit report is a case in point."  The audit also investigated allegations brought to the NEB's attention by a  Whistleblower against TransCanada's integrity management practices. This audit  has confirmed that TransCanada has developed and implemented corrective  actions to prevent future similar non-compliances.  The National Energy Board is an independent federal regulator of several parts  of Canada's energy industry with the safety of Canadians and protection of the  environment as its top priority. Its purpose is to regulate pipelines, energy  development and trade in the Canadian public interest. For more information on  the NEB and its mandate, please visit www.neb-one.gc.ca.  This news release is available on the NEB's website at www.neb-one.gc.ca under  What's New!  To view the full Audit Report, please visit  <http://www.neb-one.gc.ca/clf-nsi/rsftyndthnvrnmnt/sfty/sfcmpctn-eng.html>  Fact Sheet: The NEB Audit Process  <http://www.neb-one.gc.ca/clf-nsi/rthnb/nws/fqs/nbdtprcssfctsht-eng.html>  Fact Sheet: The NEB's Enforcement Toolkit  <http://www.neb-one.gc.ca/clf-nsi/rthnb/nws/fqs/nbnfrcmnttlktfctsht-eng.html>  Fact Sheet: Pipeline Safety  <http://www.neb-one.gc.ca/clf-nsi/rthnb/nws/fqs/pplnsftyfctsht-eng.html>    SOURCE  National Energy Board  Rebecca Taylor Communications Advisor E-mail:Rebecca.Taylor@neb-one.gc.ca  Telephone: 403-299-3371 Telephone: 404-299-3371 or (toll free)  1-800-899-1265 Facsimile: 403-292-5503 Facsimile (toll free): 1-877-288-8803  TTY (Teletype): 1-800-632-1663  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/February2014/24/c6756.html  CO: Government of Canada ST: Alberta NI: OIL  
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