NEB approves Bakken Pipeline Project Canada
For immediate release
22 December 2011
22 December 2011
NEB approves Bakken Pipeline Project Canada
CALGARY - In a decision issued today, the National Energy Board (NEB or the Board) announced its approval of the Bakken Pipeline Project Canada application submitted by Enbridge Bakken Pipeline Company Inc. (Enbridge Bakken), on behalf of Enbridge Bakken Pipeline Limited Partnership.
The Board determined that there is enough commercial interest to support the use of the Bakken Pipeline during its economic life. Enbridge Bakken successfully demonstrated that there will be sufficient oil supply markets for the projected production.
The Bakken Pipeline would connect to the Enbridge Pipelines Inc. (EPI) Mainline and would serve as a continuous, long-term source of supply to Eastern Canadian and US Midwest markets, thus maintaining the long-term competitiveness of refineries in those regions.
In its application, Enbridge Bakken requested approval to build and operate a 123.4 kilometre pipeline and a new pump station to transport crude oil from the Bakken and the Three Forks Formations in Montana and North Dakota to refinery markets in North America. With a starting point in Steelman, Saskatchewan, the pipeline will be linked to EPI’s Mainline in Cromer, Manitoba.
The Board has also given Enbridge Bakken approval to acquire and operate Line EX-02, which is currently owned by Enbridge Pipelines (Westspur) Inc.
With an expected in service date of early 2013, the capital cost for this project is estimated to reach approximately $180.1 million.
The NEB is an independent federal regulator of several parts of Canada's energy industry. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest.
Carole Léger-Kubeczek
Communications Officer
National Energy Board
E-mail: carole.leger-kubeczek@neb-one.gc.ca
Telephone: 403-299-2717
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5503
Telecopier (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663
Communications Officer
National Energy Board
E-mail: carole.leger-kubeczek@neb-one.gc.ca
Telephone: 403-299-2717
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5503
Telecopier (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663
- 30 -
For further information:
Related documents:
- 2011-01-17 - Application for Bakken Pipeline Project Canada (OH-1-2011)[Folder 661686]
- Reasons for Decision OH-1-2011 [Filing A37937]
For a printed copy of Reasons for Decision OH-1-2011:
National Energy Board
Ground Floor
444 Seventh Avenue SW
Calgary, Alberta
T2P 0X8
E-mail: library@neb-one.gc.ca
Telephone: 403-299-3561
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5576
Telecopier (toll free): 1-877-288-8803
TTY (teletype): 1-800-632-1663
Ground Floor
444 Seventh Avenue SW
Calgary, Alberta
T2P 0X8
E-mail: library@neb-one.gc.ca
Telephone: 403-299-3561
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5576
Telecopier (toll free): 1-877-288-8803
TTY (teletype): 1-800-632-1663
No comments:
Post a Comment