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§ 284.15 Bidding by affiliates in open seasons for pipeline capacity.
"You just sell the pipeline capacity over and over again".
According to Petroleum Argus, the new projects will increase pipeline capacity by a third by 2005.
Lack of access to pipeline capacity has persuaded energy companies to back off major investments.
Under current plans, oil sands production could overwhelm existing pipeline capacity in less than five years.
While Canadian production has been increasing rapidly in recent years, there is not enough pipeline capacity.
The lack of pipeline capacity from Cushing has led to excessive stockpiles at the oil terminal.
It would need Slovakian pipeline capacity to do more in future.
There is not nearly enough pipeline capacity to the Gulf where global markets set prices.
Transneft says it will not consider adding new pipeline capacity and restoring shipments to Ventspils unless it gets a stake.
But it declined to say if Williams, which controls significant natural gas pipeline capacity into Southern California, is under investigation.
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