PROVE COM­MER­CIAL SUP­PORT FOR THE PROJECT

Alberta Oil - - OIL SANDS REPORT -

At least three months prior to be­gin­ning con­struc­tion, Trans Moun­tain must prove that it has se­cured agree­ments with ship­pers for no less than 60 per­cent of the pipe­line’s to­tal ex­panded ca­pac­ity of 890,000 b/d for a min­i­mum term of 15 years. The agree­ments must be signed by of­fi­cers of the ship­ping com­pa­nies and any rights to ter­mi­nate the con­tracts on be­half of the ship­pers must be waived or oth­er­wise ex­pired. At least three months prior to load­ing the first tanker from the ex­panded pipe­line at the Westridge ter­mi­nal, Trans Moun­tain must show that its marine ship­pers have se­cured en­hanced tug es­corts through Bur­rard In­let and the Juan de Fuca Strait from the Westridge ter­mi­nal to Buoy Juliet on the west side of Van­cou­ver Is­land. Trans Moun­tain must also de­liver an en­hanced marine spill re­sponse plan of at least 20,000 tons of ca­pac­ity within 36 hours of no­ti­fi­ca­tion.

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