United Refining Company has entered into an agreement (the "Agreement") concerning Line 10, a pipeline owned by Enbridge Pipelines Inc. and Enbridge Energy Limited Partnership, which transports crude oil from Canada to URC's Kiantone Pipeline in West Seneca, New York and serves its refinery in Warren, Pennsylvania.
John A. Catsimatidis, Chairman and CEO of URC, stated: "We are very pleased that our companies have agreed to a plan that would allow Enbridge to continue to provide operational reliability and efficiency to Line 10. The agreement will allow us to consider the feasibility of expansion of the pipeline's capacity over the coming years subject to regulatory approvals. The agreement underscores our commitment to safe, reliable, low cost transportation of our crude oil feed stocks for decades to come. After completion of the segment replacement program, it is our expectation that Line 10 will be restored to its original operating capacity."