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Canadian 300,000 bbl/d crude oil pipeline expected to start in 2015

Suncor Energy, a committed shipper on Enbridge's Line 9B crude oil pipeline in Canada, expects Enbridge to complete the pipeline reversal in mid 2015. Enbridge is the operator of the Line 9 pipeline with a current capacity of approximately 240,000 bbl/d. Originally flowing eastward, Line 9 was reversed in 1998 as foreign oil from areas such as West Africa and the Middle East became more affordable (Quebec’s two remaining refineries currently process 90% foreign-sourced crude). However, Western Canadian crude is now priced significantly lower than foreign oil. As a result, Enbridge filed a project application with the NEB for the section known as Line 9B in November 2012, proposing at the same time to expand the capacity of Line 9 from 240,000 bbl/d to 300,000 bbl/d. The project, initially expected to be commissioned in 2014, received conditional approval in March 2014 and was delayed as Enbridge had to procure additional information to the NEB.



Canadian 300,000 bbl/d crude oil pipeline expected to start in 2015

Source: Enbridge