Home / Business and Economy / Regulator Greenlights Trans Mountain Tolls
Regulator Greenlights Trans Mountain Tolls
29 Sep
Summary
- Canada Energy Regulator approved negotiated tolls settlement.
- Tolls deemed just, reasonable, setting new tariff framework.
- Pipeline capacity for contracted shippers increased to 90%.
On Monday, September 28, the Canada Energy Regulator officially approved Trans Mountain's negotiated tolls settlement. This crucial decision confirms that the proposed tolls are both just and reasonable, thereby establishing a new framework for tariff and transportation services across the pipeline system.
This regulatory approval significantly enhances operational flexibility. The decision allows for up to 90% of the pipeline's capacity to be contracted by shippers, a notable increase from the previous 80% limit. This expansion aims to streamline services and contract management for users of the Trans Mountain pipeline network.
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