Smaller producers are concerned large U.S. refiners will snap up most of the contracted capacity, leaving them scrambling to secure space
CALGARY — Oilsands producer MEG Energy has written to Canada’s energy regulator to oppose pipeline company Enbridge Inc.’s plan to introduce long-term fixed volume contracts on its Mainline system.
Enbridge’s plan to switch from a monthly nomination system to “contract carriage” comes at a time when Canadian export pipelines are so constrained the Alberta government has imposed oil production curtailments, and has drawn fierce criticism from small producers. Smaller producers are concerned large U.S. refiners like BP Plc will snap up most of the contracted capacity, leaving them scrambling to secure space on the smaller slice of the pipeline open for spot volumes.
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