The Financial Post reports in its Tuesday, June 16, edition that the two biggest customers on Enbridge's newly reversed pipeline to carry Western Canadian oil from Sarnia, Ont., to Montreal want to meet Canada's energy regulator to find out why the pipeline's opening has been delayed by months.
A Reuters dispatch to the Post reports that Valero Energy and Suncor Energy, each of which owns two refineries in Quebec, said in separate letters posted on the National Energy Board's website that the delay in approving the start of the 300,000-barrel-per-day Line 9 pipeline is pushing up costs and harming operations.
They requested a meeting with board chairman Peter Watson.
Suncor vice-president Kris Smith wrote, "We believe it is important that you are aware of the high cost and negative economic impacts to our business, and by extension to those communities and provinces in which we operate, as the time for a decision is ongoing."
The NEB approved the project in February but refused to let Enbridge open the 639-kilometre line until it met 30 conditions related to emergency response, continued consultation and pipeline integrity.
The board has not said when it will allow the project to open.
© 2024 Canjex Publishing Ltd. All rights reserved.