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BRIEF-Enbridge Responds To Canada Energy Regulator Decision To Deny Mainline Contracting

reuters ·  Nov 29, 2021 05:08

Nov 28 (Reuters) - Enbridge Inc ENB.TO :

* ENBRIDGE RESPONDS TO CANADA ENERGY REGULATOR DECISION TO DENY MAINLINE CONTRACTING

* COMPLETED ITS REVIEW OF DECISION

* IDENTIFIED NEXT STEPS THAT INCLUDE RE-ENGAGING ALL STAKEHOLDERS, INCLUDING SHIPPERS AND NON-SHIPPERS ON MAINLINE SYSTEM

* MAINLINE THROUGHPUT IS EXPECTED TO BE STRONG OVER NEXT SEVERAL YEARS AND COMPANY'S OUTLOOK IS POSITIVE

* WILL INITIATE, IN CONSULTATION WITH STAKEHOLDERS, PROCESS TO NEGOTIATE TOWARD A GO-FORWARD MAINLINE COMMERCIAL FRAMEWORK

* ENBRIDGE - ANTICIPATES THAT RANGE OF FINANCIAL OUTCOMES ASSOCIATED WITH AN ALTERNATIVE COMMERCIAL MODEL WILL BE MANAGEABLE

Source text for Eikon: ID:nCNWGWfxva Further company coverage: ENB.TO

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