- The two biggest customers on Enbridge's (NYSE:ENB) newly reversed pipeline to carry Western Canadian oil from Sarnia, Ontario, to Montreal say they want to meet Canada's National Energy Board to find out why the pipeline's opening has been delayed by months.
- Valero Energy (NYSE:VLO) and Suncor Energy (NYSE:SU), whose respective 265K bbl/day Jean Gaulin refinery and 130K bbl/day Montreal refinery will benefit from the reversal to pump oil eastward to Quebec, say the delay in approving the start-up of the 300K bbl/day Line 9 pipeline is pushing up their costs and harming their operations.
- The controversial project will carry western Canadian crude to Quebec, replacing supplies currently shipped by rail or imported from abroad; the board approved the project in February but refused to let ENB open the 400-mile line until it met 30 conditions related to emergency response and pipeline integrity.