TC Energy Corp has declared force majeure on shipments on its 590,000-barrel-per-day (bpd) Keystone oil pipeline after a snow storm hit Manitoba over the weekend, disrupting operations, sources familiar with the matter said on Wednesday.
Force majeure is a declaration that unforeseeable circumstances prevented a party from fulfilling a contract.
The storm over the weekend knocked out power to about 3-4 pump stations in Manitoba, affecting pipeline flows, three sources said.
TC Energy did not immediately comment.
The Keystone pipeline system is a critical artery taking Canadian crude from northern Alberta to refineries in the U.S. Midwest.
Manitoba was struck by a major storm packing snow and toppling trees over the weekend.
It was not immediately clear the how much of volumes were affected by TC Energy’s declaration of force majeure.
Share This:
COMMENTARY: Canadians Should Decide What to do With Their Money – Not Politicians and Bureaucrats