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08/36
For release at 2:30 p.m. (MST)
10 October 2008
NEB approves revised capacity allocation procedures on the Trans Mountain Pipeline System
CALGARY - The National Energy Board gave its approval today to Trans Mountain Pipeline Inc. (TMI) to modify the capacity allocation procedures on its oil pipeline system as a result of the TMX Anchor Loop Expansion Project.
The approved revisions to the rules and regulations governing the transportation of petroleum on the TMI system include the following:
Pipeline capacity allocated for petroleum deliveries to Land Destinations will be assigned to shippers on a pro rata basis when volumes to be transported exceed the space available. The creation of a single Lands Destination category with pro rata allotment supports the goal of a more freely-operating and competitive market.
The request for clarity about the classification of new Burnaby tanks was dismissed for the time being. Requests to establish a stakeholder consultation group and create a review process to look into the means to determine how volumes of product will be shipped were also dismissed.
The NEB is an independent federal agency that regulates several parts of Canada's energy industry. Its purpose is to promote safety and security, environmental protection, and efficient energy infrastructure and markets in the Canadian public interest, within the mandate set by Parliament in the regulation of pipelines, energy development and trade.
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