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OIL: PetroChina No Longer Committed Shipper on TMX

OIL

PetroChina “will not be a committed shipper” on TMX and has assigned agreements as an intervener in matters associated with the line to another party, the company said in a letter filed with Canada Energy regulator, cited by Bloomberg.

  • New party that assumed the intervener status wasn’t disclosed in letter, Bloomberg said.
  • PetroChina has reserved enough space on the Trans Mountain to fill a supertanker per month.
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PetroChina “will not be a committed shipper” on TMX and has assigned agreements as an intervener in matters associated with the line to another party, the company said in a letter filed with Canada Energy regulator, cited by Bloomberg.

  • New party that assumed the intervener status wasn’t disclosed in letter, Bloomberg said.
  • PetroChina has reserved enough space on the Trans Mountain to fill a supertanker per month.