CALGARY, Feb. 1 /CNW/ - The National Energy Board (NEB) will hold an oral public hearing to consider a tolls and tariffs application from Enbridge Pipelines Inc. (Enbridge). The company has applied for an increase in tolls on Line 9.
Enbridge is seeking approval for final tolls and tariffs on Line 9 for 2008, 2009 and 2010. Among other things, Enbridge is proposing to change the way it calculates depreciation expense, to increase the equity component of its deemed capital structure, and to increase the return on equity.
Enbridge's 849 kilometre-long Line 9 pipeline, which began westbound service in 1999, can ship up to 38,160 cubic metres (240,000 barrels) of offshore crude oil per day from Montreal, QC to Sarnia, ON and onward to refineries in Corunna, ON.
The hearing is scheduled to begin on 21st September 2010 at a location to be announced at a later date.
Interested persons are invited to participate in this hearing in one of two ways:
i. by filing an application to intervene by 2 March 2010 with the Acting
Secretary of the National Energy Board, and serving a copy on
Enbridge and its counsel; or
ii. by filing a letter of comment with the Acting Secretary of the Board,
and sending a copy to Enbridge and its counsel by 15 June 2010.
Details on how to file a letter of comment can be found on the NEB Web site at www.neb-one.gc.ca under "Submit a Document."
To be granted intervenor status, people must first apply to the NEB. Application forms are available under the "Submit a Document" section of the NEB Web site. The deadline for intervenor applications is 12:00 p.m. (MST) on 2 March 2010. The deadline to file a letter of comment is 15 June 2010 at 12:00 p.m. (MDT).
Documents can be filed with the NEB either electronically through our Web site at www.neb-one.gc.ca or by fax or by mail. A copy of the letter of comment or application for intervener status must also be sent to Enbridge Pipelines Inc. and its legal counsel.
The NEB is an independent federal agency that regulates 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 Hearing Order RH-12010 are available on the NEB's Internet site at www.neb-one.gc.ca under What's New!
SOURCE National Energy Board
For further information: For further information: Erin Dottor, (email@example.com), Communications Officer, Telephone: (403) 299-3712, Fax: (403) 292-5503