Enbridge, Enterprise JV Can Change Pipeline Tariff, FERC Says

Law360, Houston (April 15, 2013, 7:05 PM EDT) -- Federal regulators on Friday blessed a proposal by Enbridge Inc. and Enterprise Products Partners LP to reallocate shipping volumes by altering shipping tariffs on a 500-mile crude oil pipeline the Texas companies own to accommodate demand that exceeds 2,000 percent of available capacity, rejecting objections of three potential shippers.

The Federal Energy Regulatory Commission granted the companies’ request for a revision to prorationing rules applicable to the Seaway pipeline and implements a lottery for the allocation of uncommitted capacity among some 200 potential shippers, over the...
To view the full article, register now.