Approval of Enbridgeโ€™s Line 9 applauded by Quebec refineries, Globe and Mail ($)

The “Line 9” Enbridge oil pipeline is seen being worked on in East Don Parkland in Toronto, March 6, 2014.

The owners of the two Quebec refineries readying for shipments of Western Canadian crude say the National Energy Board’s decision to approve Enbridge Inc.’s Line 9 project will provide a long-awaited boost to their bottom lines.

“It’s a project that we’ve been waiting for,” said Julie Cusson, director of public and government affairs in Canada for Valero Energy Inc., which is looking to replace pricey feedstock imported from the U.S. Gulf Coast, as well as Europe and Africa, with cheaper Canadian crude. MORE>>

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