Enbridge's News Release On CER Decision CER Issues Mainline Contracting Regulatory Decision
CALGARY, AB, Nov. 26, 2021 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today received a decision from the Canada Energy Regulator (CER) on the Company's commercial proposal to offer transportation contracting on its Mainline pipeline system, which moves approximately 3 million barrels a day of liquids from Edmonton, AB to essential U.S. demand centers.
Enbridge submitted a regulatory application to the CER in December 2019 to offer contracted transportation service on the Mainline pipeline system and participated in a rigorous regulatory process in 2020 and 2021. Throughout the regulatory review, the offering has been supported by over 75% of Mainline shippers, by volume, reflecting its competitive toll and overall shipper benefits.
Enbridge is currently reviewing the CER's decision. We will provide further comment after completing that review.