The Canada Energy Regulator (CER) said on Monday it has approved Trans Mountain’s request to pause the regulatory process for its interim tolls application.
This includes postponing a public hearing that was scheduled to start on November 17, the CER added.
The operator of Canada’s Trans Mountain pipeline and oil shippers are in talks to resolve a shipping cost dispute that has deterred usage of Canada’s only east-west pipeline and hindered the government’s plan to sell it.
A Trans Mountain spokeswoman said earlier this month the company was requesting regulatory proceedings be halted to allow time for an agreement.
(Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Jacqueline Wong)