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U.S. Regulator Rules Against Enterprise Products Partners LP's Pipeline Closure-Reuters

Thursday, 17 Oct 2013 02:55pm EDT 

Reuters reported that a U.S. energy regulator ruled that Enterprise Product Partners LP broke the law when it closed a distillates pipeline running from the Gulf Coast to the Midwest, according to an order issued on October 17, 2013. The Federal Energy Regulatory Commission said it can order damages in the case and would set a hearing to see how much if any should be awarded. But it said it did not have the authority to demand a reversal of the shutdown by the pipeline operator, Enterprise TE Product Pipeline Company LLC. FERC said the closure had broken an agreement with shippers signed earlier this year that stipulated all tariffs in that agreement should remain in effect for two years.