Friday, August 3, 2012

Reuters: Regulatory News: Enbridge's Monaco says company coping with Line 14 shutdown

Reuters: Regulatory News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Enbridge's Monaco says company coping with Line 14 shutdown
Aug 3rd 2012, 20:27

CALGARY, Alberta | Fri Aug 3, 2012 4:27pm EDT

CALGARY, Alberta Aug 3 (Reuters) - Enbridge Inc President Al Monaco said on Friday that his company still has no estimate for when regulators will allow it to restart Line 14, which has been shut since spilling 1,200 barrels of oil into a Wisconsin field a week ago.

Monaco said Enbridge, whose lines carry the bulk of Canada's oil exports to the United States, submitted a safety plan for its U.S. system to the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA)on Thursday after the regulator made an unusual amendment to the Corrective Action Order it issued after the spill.

Enbridge has so far rerouted oil that would have been shipped on the 318,000 barrel per day Line 14 through other lines running into the Chicago market.

"We had a big 42-inch line (Line 61) that had space in it," Monaco said. "That's been helpful to us and to customers."

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.