Tuesday, March 31st6.2°C
25326
24285

National Energy Board to rule today on Enbridge's controversial Line 9 reversal

TORONTO - The National Energy Board is set to release a decision today on whether it will allow energy delivery giant Enbridge to reverse the flow and increase the capacity of a pipeline that's been pumping oil between southern Ontario and Montreal for years.

The decision on the controversial Line 9 is being delivered some four months after the federal regulator held public hearings on the Calgary-based company's (TSX:ENB) proposal.

During those sessions, a three-member panel heard from a wide range of parties including First Nations, environmental groups, private citizens and representatives from municipal and provincial governments.

Enbridge's own final submissions were delivered in writing after the board cancelled its final day of Toronto hearings over security concerns stemming from planned protest activity.

Line 9 originally shuttled oil from Sarnia, Ont., to Montreal, but was reversed in the late 90s in response to market conditions to pump imported crude westward. Enbridge now wants to flow oil back eastwards to service refineries in Ontario and Quebec.

It plans to move 300,000 barrels of crude oil per day through the line, up from the current 240,000 barrels, with no increase in pressure.

It has also asked for permission to move different types of oil, including a heavier form of crude.

Opponents — some of whom have staged protests and held sit-ins at pumping stations — argue the Line 9 plan puts communities at risk, threatens water supplies and could endanger vulnerable species in ecologically sensitive areas.

They also worry that Enbridge will run what they claim is a more corrosive product through the 831-kilometre-long line — a move which they claim will stress the aging infrastructure and increase the chance of a leak.

But supporters, including the Provincial Building and Construction Trades Council of Ontario, argue the project has several positives.

"If approved, this project will enhance Canada's energy connectivity between east and west, culminating in the creation of thousands of jobs, less dependence on foreign oil, and a stronger Canada," said council executive Patrick Dillon.

Enbridge has insisted that safety is its top priority and has characterized the scope of the reversal as "actually very, very small."

It has said a reversed Line 9 will not be transporting a raw oilsands product, although there will be a mix of light crude and processed bitumen.

It has stressed, though, that the products that will flow through the line will not erode it.

The company has also said the refineries it supplies can currently only take a small portion of heavy crude and would have to invest significantly in infrastructure to take more.

Despite the company's assurances, Line 9's opponents have often pointed to an Enbridge spill in Michigan, which leaked 20,000 barrels of crude into the Kalamazoo River in 2010. There are concerns the same thing could happen in Ontario or Quebec in the future.

Some opponents have also suggested the Line 9 reversal is ultimately so Enbridge can transport oil to the Atlantic coast for export — something the company denies.

A portion of the line has already received approval for reversal and has been sending oil from Sarnia to North Westover, Ont. — about 30 kilometres northwest of Hamilton — since August.

The Canadian Press


Read more Business News

25185


Recent Trending




Today's Market
S&P TSX14908.39+95.97
S&P CDNX680.33-1.10
DJIA17976.31+263.65
Nasdaq4947.44+56.22
S&P 5002086.24+25.22
CDN Dollar0.7857-0.0029
Gold1186.10+1.30
Oil47.51-1.17
Lumber280.60+1.30
Natural Gas2.62-0.05

 
Okanagan Companies
Pacific Safety0.115-0.010
Knighthawk0.010.00
QHR Technologies Inc1.50+0.00
Cantex0.03-0.01
Anavex Life Sciences0.215-0.004
Metalex Ventures0.04-0.01
Russel Metals24.40-0.10
Copper Mountain Mining1.18+0.05
Colorado Resources0.12-0.01
ReliaBrand Inc0.006-0.001
Sunrise Resources Ltd0.045+0.000
Mission Ready Services0.235-0.020
Decisive Dividend Corporation1.80+0.02

 



25596

FEATURED Property
2224958#19 2005 Boucherie Road
1 bedrooms 1 baths
$29,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Down payment

If you have less than 20% down payment, mortgage insurance is required through Canada Mortgage & Housing (CMHC), Genworth or Canada Guaranty. Homeowners no longer need the minimum 5% down payment ...


CRA Notice of Assessment

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of ...


Medical confidential?

If ICBC asks your doctor for your information you may wonder: Can ICBC ask my doctor for my medical information? Can ICBC request a medical report from my doctor without my consent? What is ICBC entit...

_



25482

25482


Member of BC Press Council


25579