Based on analysis before the pandemic, there will be at least 570,000bl/d of spare pipeline capacity following the CER ruling
Enbridge loses regulatory decision
Pipeline verdict is music to the ears of many Western Canadian oil producers, but will only add to surplus capacity
Midstream giant Enbridge took a hit at the end of November when the Canada Energy Regulator (CER) ruled against the Calgary-based company’s application to enter into long-term contracts for 90pc of the capacity on its Mainline pipeline system—after being a 100pc month-to-month common carrier since its inception in 1950. The application, filed by Enbridge in December 2019, had the support of many shippers, including large refiners BP and Canadian firm Imperial Oil. On the other hand, most Western Canadian oil producers were vehemently opposed to the changeover, with oil sands heavyweights Suncor Energy and Canadian Natural Resources suggesting it was an abuse of Enbridge’s substantial market
Also in this section
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
10 April 2025
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
9 April 2025
A rising global population and greater urbanisation will mean increasing demand for energy, but what will be up and down in the mix? Petroleum Economist looks out to 2050 again in the second part of our long-term outlook
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
