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CER Establishes Mainline Contracting Regulatory Process


New Delhi: Today, the Canada Energy Regulator (CER) announced that the regulatory process for Enbridge Inc.’s (TSX: ENB) (NYSE: ENB) proposal to offer contracted transportation service on the Mainline pipeline system will proceed in a single phase hearing process that balances the need to address pandemic-related challenges and the Commission’s mandate to adjudicate in an appropriately expeditious manner.

“Mainline contracts will provide shippers with priority access to the best markets, at competitive and stable tolls, ensuring certainty of demand for Canadian light and heavy crude oil over the long-term and supporting the best netbacks for Western Canadian producers, said Vern Yu, Enbridge Executive Vice President and President of Liquids Pipelines. “Mainline contracting was developed and refined over a two-year period in response to customer input and negotiation. 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.”

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