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Canada’s biggest pipeline operator, Enbridge Inc, said on Monday that it was taking steps to address complaints from oil shipper BP PLC about abrupt changes it made to allocating space on its Mainline system.

Enbridge said it would not use a recently proposed procedure to verify shippers’ oil supplies in August, and had no plans to do so thereafter.

The company announced the policy change late last month before reversing it last week, after it caused panic among shippers and dramatically increased a discount on Canadian heavy crude.

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 23/04/24 10:06am EDT.

SymbolName% changeLast
ENB-N
Enbridge Inc
+0.42%35.5
ENB-T
Enbridge Inc
+0.1%48.48
BP-N
BP Plc ADR
+0.03%38.92

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