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06/04 National Energy Board receives application from Terasen Pipelines to develop the TMX - Anchor Loop Project CALGARY - The National Energy Board received an application on Tuesday 21 February from Terasen Pipelines (Trans Mountain) Inc. (Terasen Pipelines) for the construction and operation of the TMX - Anchor Loop Project. The TMX - Anchor Loop Project would consist of a pipeline loop and other facilities to increase the capacity of the Trans Mountain Pipeline by approximately 6,360 m3 (40,000 barrels) per day. The anticipated cost of the project is $400 million. The proposed facilities include a 762 millimetre (30-inch) pipeline spanning 7 kilometres from west of Hinton, Alberta to the Hinton Pump Station, and a 914 millimetre (36-inch) pipeline spanning 151 kilometres, from the Hinton Pump Station to a location near Rearguard, British Columbia. Terasen Pipelines is also proposing to construct two new electric drive pump stations, the Wolf Pump Station in Alberta, and the Chappel Pump Station in British Columbia. The National Energy Board will announce procedures for dealing with this application at a later date. The NEB is an independent federal agency that regulates several aspects of Canada's energy industry. Its purpose is to promote safety and security, environmental protection and economic efficiency in the Canadian public interest within the mandate set by Parliament in the regulation of pipelines, energy development and trade. - 30 - The application is available on the Board's Web site at www.neb-one.gc.ca under Regulatory Documents, Facilities, Oil, Terasen Pipelines (Trans Mountain) Inc., 2006-02-17 - Application for TMX - Anchor Loop Project. [Folder 399196] For further information: Andrew Cameron (acameron@neb-one.gc.cac) To view a copy of the application: National Energy Board |
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