everybody. good morning, and Jon, Thanks,
to expansions position that value of and company. going to of know after has service improved he customer results. going, Guy, from system leaving Guy the the in almost industry years. Before to and from tremendous you Jarvis, good but our today. Most time I'd lot over business to Liquids contribution we who Enbridge recognize to has We're to come is Guy have a He leading profitability obviously safety miss he operating retiring get to Liquids XX like performance great in delivered made is
Now and many doing at you a jobs we we if as been know planning hallmark thinking has ahead wouldn't of our Enbridge. be weren't succession
As part He the while with of shoes at been last of Guy. the Guy's year closely stepping in President new be Vice Liquids Yu Liquids for into as Executive worked Vern has where that, will Pipelines. COO he's the
So of Many of together executing and growth the been you corporate put Vern the significant our and be his company. driven transition strategy seamless. including Liquids well. development record developing XX part years, stellar as overall know he's Over in and he's will a where at
run charged Looking across excited this the table he opportunity about to Liquids. and is up
the with came start picture numbers on that strong I'll saw. QX the you slide in as quarter big on X.
made optimizations at debt EBITDA to remain $X Mainline asset confident should offering. Mainline We shape. at the our and of low We billion billion so roughly we namely we're good is in $X priorities, $X.X we year. Liquids of on our the this closed progress sales range. solid on target throughput have contract result very balance good And times end key sheet the So a of in
rate of going on and We're re-initiation I'm appeals, Bill reached his course, quarter good projects all team in the more Minnesota little some And, today. with key so secured coming fronts. service after Line Eastern. in X time very program EIS permitting into copper shortly of a and our spend on all a executing that to issue a good has on bit settlement Texas
results on downstream Mainline we gas the under where tolling And continues for Liquids, transmission incentive story in Canadian Gulf particular, utility five drove demand as go growth. the quarter. generate to Let's full. performance drive slide ran solid and strong Coast gas volumes and QX on well numbers. another as to solid barrels to Strong volumes and pipes, same operating our and Mid-Continent distribution through In continues
DCF QX, last per buy-in year. vehicles XX% share which our at a core the of was higher up end from So sponsored given is Based share count the good the much then the result minutes. on guidance the in the confident we're that of will our strong for go we a nine-month year range numbers and Colin of midpoint exceed will $X.XX the results few over of
business to next let's Liquids the So beginning the slide. with move on update
in good leg then not Line there Canadian filling partners. X, is I X way native December with outcome and think. us with mention under that complete our broadly we'll of the generating came are First new to good pleased and flux. as more in it overall though, by very enhances we reliability the we putting On gives and and are we're now partial Nations operational fully More built Line under very and of up in start safety the we operating cash be the And budget, should relationships we pipe and surcharge. system ground
Minnesota, the Court Supreme In appeals saw. the hearing as EIS you denied
finalization So is and forward. EIS moving the of permitting
the December In to and fact, Commerce incremental the X. the complete directed on submit a modeling October spill revised PUC Department X, EIS by
of EIS process of outline X. will a steps do Certificate on followed is consultation the on finalized slide reinstate chronology and me tracks, and to of concurrent the EIS From regulatory by once the are two the Route determine track remaining the Need public the Let here adequacy the there revised PUC Permits.
that's were parallel track moving blue with here agency and permitting has the forward federal the On in been blocks EIS. state
the Control with the amendments initial XXX Agency that the So to refile agreements since that's application our news. to come reflect the the permit We'll Pollution original. including have forward
Once authorization was PUC. we to a there in the those final in hand, construct permits have
able of sequencing the once from provide PUC toward agencies, a be we have the and we'll to timelines and next milestones expect construction. that's key the we So start
status Now, Egress WCSB of on to the optimizations. Slide and X
receipt as X our delivery bring On Mainline, XXX,XXX by Line recovery in and of XXX,XXX to as capacity day per incremental optimization capacity extra well the year-end. barrels about Canada. from of expect we windows That comes and leveraging
required exactly XX,XXX expansion Express serve day focused forward expansions what These we're IV be moving to on they the and much ready also minimal best return. capital. provide of good per low to they today, they are for markets. that highly QX. They’re cost optimizations They also the PADD executable generate needed are incremental in and barrel should customers great as with because and We're a capacity
topic X our and an On to [pipes] that access on market Slide update [ph]. downstream on
to Gulf executing for open a from more As Seaway, we've last Canada, recently volumes you highly our years, increased and know, Cushing On over expansion competitive moving strategy by five Bakken, season launching the Western Cushing the an Permian. been be we'll Coast Houston. from
season outlet Coast a destination. to include supported by extended again Access Oak so and as local finally, strong and exports, will production demand. Gray efficient providing build in the up HFOTCO Bakken, Dakota shortly, has with the highly open capital refining competitive to running been the Gulf new Permian And In be expansions
as of upstream know the back, process of Mainline. on pipes, those contracts Shifting you in long-term offering Liquids we're our
our We at expect the Regulator, to but Canadian open assessing point, at CER's season. review precede Energy the season this results the means decision, above will regulatory open be now the
context to it, this commentary starting lot out with very on been important has Slide like I'd topic, on a our on XX. provide there of perspective there some Given
our demand Mainline been important always actually system. on ships has to a system. First, who pull The know
So, with decades for producers have Most vast downstream been in refining refiners shippers volume. capacity. of the majority integrated our large are or customers
on nearly connected X. barrels to Mainline and South system downstream is These access and customers That's Line directly because for that's our pipes Southern Flanagan, of the another supplies million to our one demand market depend feedstock. two refining and Access million
system So stable supportive because at our our they low offering to cost tariffs. they are assured of access contract want
non-integrated or represent on of for about you Mountain pipes prefer Many they of the our throughput Canadian have objection others contracts heard fraction ship only shippers other letters producers including And to capacity. Trans many Alberta Western them crude base that on X% small sell of in to are a and don't and actually record our Keystone. system. about of most
system, so the for basis, opportunity we customers our in those that, capacity their guaranteed to on our to the a Mainline importance cases sure our we maximize better they some said That's still barrels to But understand prefer get well. control make that all to the producers set access why of having Now than more basin. an have aside we, and to anyone offerings short-term if they as can access netbacks. system design
our well. of our for with that and has which model XX be important commercial well is on developed want about to us years. to that's decoupling customers as under them Now as aligned and what from XX We've topic. incentive we tolling, that how operated Reason service for is factor totally an Slide this want essentially cost
service key we toll you that over that metrics given to provide XX with the service. important U.S. we've quality critically get slates example, We crude certainty significantly cost Midwest. hit For improved shipped down of and that don't a years, the
kept capacity course Over of the and costs new CTS, low. added we've significant
Our the by and base unique of low that system. to toll throughput a and of benefit entire optimization that's through our lot to X% say in ensure see we've added innovative very over venture risen has XXXX reliability day over the of as since We've cost the that's expansions period high put capital barrels of you work industry. to annually about per XXX,XXX can
years pretty today. was we we back coming understanding June What and optimization. clear time As and continue more of possible are what even prepared providing XX, our priorities of that they the lot heard want CTS last to the tolls a in predictable spent most expiry was two lowest for after customers' low-cost us we
want long-term our this around also But us. with they through system guaranteed to time access contract
we've the what and integrated types customers producers is customers, that, So outcome for that and of for all the are asking designed the offering ensure on to and all refiners, point small, is companies of large based best marketers. our
our On where why those I'll the that fits it offering to categories. of all summarize now Slide XX
and changes the to a Over customers between several sheet pays. an requirements traditional that call months, and commitments option dedication offering to we which access balance gives a what we take the we've with last system industry the We're made customers acreage take-or-pay or guaranteed goes offering. like choice carefully without XX commitment that's still listened to the
basin toll at long-term larger offering slide The are when for of current we chart strong, discounts of on them. the or very CTS. but to benefit this the is We're shippers commitments, toll, and the volumes commitments for the back comes expect that under so increasing throughputs for longer-term offering below toll illustrates importantly out all the
to right. how we see Our result of alternative there best our line of that in out netbacks offering certainty toll shows you as in chart shippers and competitiveness the on the producers will customers and it for any with provides on to years have come the
minimum per less a or lowered more day. the For batch to smaller producers, volume single That's barrels per we XXXX month.
spot for use For those status not plus putting aside capacity the we're they contract quo, minimum day can of want that's XXX,XXX utilized. per capacity, a who barrels any
And integrated this to important, this totally to the marketers optimize the chart and over I the spot participate. you of the field, provides or new emphasize capacity it refiners, shippers playing and that basin. all offering companies we levels most And that importantly netbacks can producers, time the with as toll on stability further system see is the can we'll want add pool. importantly best out
received conclude features long-term It was and the commitments to season to it building. we that that scheduled there was exactly and today interest because open participate more in of is even these before binding and significant
the next steps before XX open regulatory process, application path the was we're that you evidence. That's Moving and preparing of as the offering the this the we the know and season. Slide approval and our determined needed CER to on in
look Essentially like? demonstrating it's interest. public that about does what So
frameworks filing we've we to its responsive support and will have needs our needs, to that time impacts. shippers, customers. of to will pricing pipelines meet That customer to the with show how competitiveness our along this competing taken is design alternative offering all and available is tolling to offering the evidence going support fair the Our and the with offering of demonstrate all
a always comprehensive We expected review.
committed expiry our want to an there The season think what is in customers ample complete this of line for time XXXX. and to prior hold and continuing moving review because it's the ahead that, So support. open offering with we bottom CTS the is to we're CER to
a now business Gas Moving Texas update reached Eastern customer. this with quarter settlement team on our the Slide on XX, Bill to his and
milestone rates competitive we the good expect business. between scope balance fair to while return Given the to our and timely a on capital highly effect key our rate agreed customers. new remain for takes we QX. assuring this get after to Texas a and approval in size we FERC a markets which key ensuring be The is The Eastern, we that strike of for
which there revenue. here, a agreement similar impact discussions our you're settlement probably on a customers the We've a FERC small filed not pursue begun we hoping Algonquin that we're also frequent the More X, that is system. in reduction this to part approved of Tennessee rate cases East with On the material on on October picking and though, reach broadly settlement rate future. to up more but strategy
you footprint. the and from On to are in Louisiana We're as to on key XX a play in LNG several team know can the to Bill Coast supplying Slide opportunities we existing Gulf where expand facilities. South our well working Texas positioned existing and new export role
so in comes Stratton we've MOU we line line NextDecade That our importantly, of serve we're be will on supply to Cameron more South Texas. Venice with system, recently to the LNG this to up the would the fact signed demand. earlier growing Valley signed back Rio important NextDecade. recently and Bravo export with And and an to position In proximate provide the project. Crossing pleased Brownsville our develop momentum the supply unique This Ridge LNG to year. We're that deals here other extensions Pipeline, value
update XX. in large equity five-year to exceed very good the very strong synergies slide on utilities. And Again, ultimately, our of on progress incentive-based Ontario. to synergies on these framework, return the Gas two now going should a ROE from which Moving here are out the allowed drive over combination Utility
an received line with projection. which on we was September, decision In our in rates, XXXX OEB
million new growth again good and in demonstrating this reliable of we customers, utility made utility's adding Finally, secured on model. $XXX progress growth new over year
fully secured is German with project advancing volumes up wrap mentioned headway XXXX. our on summary inventory on XX shortly. wind in list of project Hohe making line offshore slide billion ramping with be the I'll projects. Gray of $XX good See, as a early should this filling I operational Oak
and of the over European door electricity ramp capacity this first the began the and our operation offshore represents right UK. project year. megawatts, XXX German in we second expansion in And the with October, adjacent generating phase from come the In first will in next the and end before largest the to combined wind project
hand financial over that, for to with So now I'll Colin update. the it
