The Canada Energy Regulator (CER) has announced the regulatory process for Enbridge’s proposal to offer contracted transportation service on the Mainline pipeline system.
The process will proceed in a single phase hearing process that balances the need to address pandemic-related challenges, as well as the commission’s authority to adjudicate in an appropriate manner.
Enbridge Executive Vice President and President of Liquids Pipelines Vern Yu said Mainline contracts will provide shippers with priority access to the best markets, at competitive and stable tolls.
Mr Yu said the contracts will also ensure certainty of demand for Canadian light and heavy crude oil long term and support the best netbacks for western Canadian producers.
“Mainline contracting was developed and refined over a two year period in response to customer input and negotiation,” said Mr Yu.
“The offering has strong support from a wide cross-section of producers and refiners representing greater than 70 percent of the Mainline’s current throughput.”
For more information visit the Enbridge website.
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