CALGARY, Sept. 14 /CNW/ - The National Energy Board (NEB, the Board) has
cancelled its upcoming hearing on an application by Enbridge Pipelines Inc.
(Enbridge) to change the transportation fees on Line 9, its only westbound
pipeline. The hearing was scheduled to begin on 24 September 2007 in
In a letter issued to the NEB on September 12, Enbridge withdrew its
application, saying the company had reached an agreement with Imperial Oil
(Imperial) on the terms and conditions of a new Transportation Service
Agreement for Line 9. Imperial is Line 9's largest shipper. Enbridge also
indicated that it will file an application with the Board for 2008 tolls along
with a second application to make the existing interim tolls final.
The Board had identified a number of issues for discussion during the
proceeding including, but not limited to, the proposed rate base, revenue
requirement and whether and to what extent terminal negative salvage should be
collected. The Board will assess the need to examine the issue of terminal
negative salvage outside the context of this hearing.
Enbridge's Line 9 ships 38 200 cubic metres (240,000 barrels) of liquid
petroleum daily from Montreal to Sarnia, Ont. and onward to refineries in
Corunna, Ont. The pipeline began westbound service in 1999.
The NEB is an independent federal agency that regulates several parts of
Canada's energy industry. Its purpose is to promote safety and security,
environmental protection, and efficient energy infrastructure and markets in
the Canadian public interest, within the mandate set by Parliament in the
regulation of pipelines, energy development and trade.
This news release and the Hearing Order are available on the Board's
Internet site at www.neb-one.gc.ca under What's New!
For further information:
For further information: Sarah Kiley (email@example.com),
Communications Officer, (403) 299-3633, TTY (teletype): 1-800-632-1663