VANCOUVER, BC, Oct. 11, 2018 (Business Vancouver) -The National Energy Board has given Enbridge Inc. (TSX, NYSE:ENB) approval to restart its parallel, 30-inch line. The approval came late Wednesday evening (October 10) after an integrity assessment examining signs of damage to the pipe, geotechnical and ground disturbance, and other potential issues.
British Columbians can count themselves lucky a natural gas pipeline explosion near Prince George that affected roughly one million natural gas customers yesterday didn’t kill anyone and happened in the fall, not the dead of winter.
But even a short-term interruption to B.C.’s natural gas supply has had immediate impacts, including sparking a forecast that gasoline prices will spike.
A 36-inch diameter gas pipeline owned and operated by Enbridge ruptured and exploded on October 9 around 5:45 p.m. The day after the rupture, there were reports of refineries in B.C. and Washington state having to curtail operations, which was expected to result in a price hike at the pumps, and large industrial users like pulp mills were being told to shut down.
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