March 20 (Reuters) - Transcanada Corp TRP.TO :
* TRANSCANADA ANNOUNCES SUCCESSFUL COMPLETION OF NGTL EXPORT CAPACITY OPEN SEASON
* NGTL EXPORT CAPACITY OPEN SEASON CLOSED ON MARCH 15 AND WAS OVERSUBSCRIBED, WITH AVERAGE AWARDED CONTRACT TERM OF ABOUT 22 YRS
* NOVA GAS TRANSMISSION LTD IS WORKING TO FINALIZE SCOPE OF EXPANSION FACILITIES TO MEET SERVICE REQUIREMENTS RESULTING FROM OPEN SEASON
* NGTL ANTICIPATES AN EXPANSION INVESTMENT OF APPROXIMATELY $120 MILLION