Jan
21

Enbridge Oil Pipeline Rationing Eases Little After Curtailment

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  • Apportionment on heavy oil line falls to 39% from 42%
  •  Rationing eases as heavy oil price surges $7 discount to WTI

A month into Alberta’s mandatory oil curtailment and rationing on the country’s biggest heavy-crude export pipeline system has eased, but very little.

Apportionment, the percentage by which each shipper’s nominated volume is reduced in order to meet a pipeline’s capacity, will be 39 percent on the heavy oil line 4/67 of Enbridge Inc.’s mainline system out of Kerrobert, Saskatchewan, in February versus 42 percent in January, the company said on Monday. Apportionment on light oil line 2/3, by contrast, increased in February to 46 percent from 43 percent in January…

Enbridge Oil Pipeline Rationing Eases Little After Curtailment

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