Canexus announces tie-in of Cold Lake Pipeline System proceeding

Canexus Corporation has announced that it will immediately resume construction to tie-in the Cold Lake pipeline system from Lamont Station into the MEG Energy Corp. pipeline. This follows a court decision to enforce specifically the terms and provisions of the pipeline agreement between MEG and Canexus. Construction to perform this tie-in is expected to begin as early as tomorrow and to take about two weeks to complete, commission and start-up the pipeline system for Cold Lake Blend product delivery to the Corporation's North American Terminal Operations unit train facility.

"NATO is a state-of-the-art, strategically located asset that provides our customers with a viable way to move their products to multiple markets. Once the tie-in work is completed, we will resume loading unit trains and expect to ramp-up operations to our contracted capacity of six to seven unit trains per week. On 5 September, 2014, we commenced commissioning the unit train loading rack and are loading oil into railcars from on-site tank storage," said Doug Wonnacott, President and Chief Executive Officer.

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/09092014/canexus-announces-tie-in-of-cold-lake-pipeline-system-proceeding/