Enbridge Inc. (Enbridge or the Company) has submitted an application to the Canada Energy Regulator (CER) to implement contracting on the company's Mainline pipeline system.
The application for contracted and uncommitted service includes the associated terms, conditions and tolls of each service which would be offered in an open season following approval by the CER. The tolls and services will replace the current tolling settlement that is in place until 30 June 2021.
"We are moving to a contracted Mainline system in response to what our customers have been asking us for and for the benefit of the entire industry," said Guy Jarvis, Enbridge Executive Vice President, Liquids Pipelines. "[The] application is based on significant input and advice from every corner of our industry and almost two years of extensive negotiation with shippers to recognise the needs of various customers in a balanced way."
"Shippers representing approximately 70% of the Mainline's current throughput support our approach, as evidenced by the letters included within our application,” said Jarvis. "The most important part of this offering will be to secure long-term demand for Canadian crude oil while ensuring that all interested shippers can participate in a fair and transparent open season process."
Read the article online at: https://www.worldpipelines.com/business-news/20122019/enbridge-files-regulatory-application-for-mainline-pipeline-system/
You might also like
The new business, OneSubsea, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time.