June 8, 2023 – Yahoo Finance
Enbridge's Mainline crude pipeline volumes to drop as Trans Mountain expansion
By Arathy Somasekhar
HOUSTON, June 8 (Reuters) - The coming expansion of the Canadian government-owned Trans Mountain pipeline will reduce crude oil flows on Enbridge Inc.'s Mainline oil pipeline, an Enbridge executive said on Thursday.
The expansion, which is expected to begin operations in early 2024, initially will reduce Enbridge's Mainline volumes by 200,000 to 300,000 barrels per day, Senior Vice President Phillip Anderson said at an RBN Energy export conference.
Enbridge's Mainline carries up to 2.85 million barrels per day of oil from Alberta, Canada, to Manitoba and onto markets in the U.S. The change effectively will cut the toll on the Mainline pipeline by roughly 75 cents per barrel, Anderson said.
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