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In early 2008, the National Energy Board (Board or NEB) identified a proposed approach for the Land Matters Consultative Initiative (LMCI), consisting of four distinct topic streams. One of the streams, Stream 3, was Pipeline Abandonment--Financial Issues. The Board indicated that the key issue to be considered in respect of that stream was: "What is the optimal way to ensure that funds are available when abandonment costs are incurred?" The Board noted two key principles fundamental to its future decisions with respect to the financial matters related to pipeline abandonment. These were: a) Abandonment costs are a legitimate cost of providing service and are recoverable upon Board approval from users of the system; and b) Landowners will not be liable for costs of pipeline abandonment. These Reasons for Decision provide an overview of the matters considered by the Board in reaching a decision in respect of the abandonment cost estimates applications.--Document.
Discusses the background and the report of the National Energy Board (NEB) with regard to the application by TransCanada Pipelines Ltd. and TransCanada Keystone Pipeline GP Ltd. to transfer certain pipeline facilities presently comprising part of the TransCanada mainline natural gas transmission system from TransCanada to Keystone for use in Keystone's proposed new oil pipeline. Included in the data is information on the regulatory standard, a discussion of energy supply, markets and pipelines, and the potential impacts of the transfer.
The National Energy Board publishes reasons for decisions when it expects its decisions to influence actions beyond the particular case that was heard. The Board is an independent tribunal with responsibilities for regulating the oil, gas, and electricity industries. Its decisions affect the industry, energy consumers, and anyone who owns land or lives in the vicinity of pipeline and international power line rights of way. Its decisions aim to protect the public interest in safety, environmental protection, and economic efficiency. This document presents the decision of the National Energy Board regarding Alliance Pipeline Ltd.'s application in respect of its British Columbia Expansion Project.--Government of Canada's website.