National Energy Board hearings into Enbridge's application to reverse the flow in a pipeline between southern Ontario and Montreal continue today in Toronto.
Calgary-based Enbridge Inc. (TSX:ENB) wants to reverse Line 9 and increase its capacity to move oilsands crude from the Alberta oilpatch to Eastern Canada. It plans to move 300,000 barrels of crude oil per day through the line, up from the current 240,000 barrels, with no increase in pressure.
Opponents of the Line 9 reversal claim the crude is more corrosive and will stress the aging infrastructure and increase the chance of a leak.
Enbridge stresses what will flow through the line will not be a raw oilsands product, although there will be a mix of light crude and processed bitumen.
At hearings last week in Montreal, Enbridge counsel Douglas Crowther said the project will redeploy an existing pipeline in a safe, efficient and economical way to the benefit of refineries in Quebec, oil producers in Western Canada ``and the broader Canadian public interest.''