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Authorizing Bakken Pipeline Company LP To Construct, Connect, Operate, and Maintain Pipeline Facilities at Burke County, North Dakota, at the International Boundary Between the United States and Canada

This Presidential Permit authorizes Bakken Pipeline Company LP, a subsidiary of Canadian corporation Enbridge Inc., to construct and operate a 24-inch pipeline crossing the U.S.-Canada border near Portal, North Dakota, for transporting crude oil and refined petroleum products. The permit establishes conditions for construction, operation, inspection access, national security takings, and liability while maintaining applicability of all other federal, state, and local laws.

Federal Register Open PDF 91 FR 21209

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Oil & gas

Mechanisms

Licensing

Role pressure

  • ProtectiveDomestic producer — New cross-border capacity supports Bakken/Canadian crude oil market access and downstream refined product flows
  • ProtectiveDownstream manufacturer — Expanded transport capacity for naphtha, LPG, NGLs, jet fuel, gasoline, kerosene, and diesel supports refinery and petrochemical feedstock access
  • MixedImporter — Canadian parent company (Enbridge) benefits from U.S. market access; U.S. gains infrastructure but with foreign ownership control risks under Article 4/5
  • ProtectiveTrading-partner exporter — Canadian crude and refined products gain additional U.S. market entry point

Geographies

USCA

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

LNGCheniere EnergyCVXChevronCOPConocoPhillipsXOMExxon MobilGEVGE VernovaSHELShellTSLATesla

Confidence: high · Policy alerts

Key directives

  • Construct, connect, operate, and maintain 24-inch pipeline border facilities near Portal, North Dakota
  • Subject to inspection by federal, state, and local agency representatives with free access
  • Obtain requisite permits from state/local entities and relevant federal agencies
  • Maintain facilities in good repair and compliance with applicable law
  • File required sworn statements/reports with President/designee and appropriate agencies
  • Report ownership/control transfers and name changes immediately in writing
  • Hold harmless and indemnify U.S. from liability including environmental contamination

Timeline

Immediate

  • Permit takes effect upon signature; authorization to proceed with border facility construction subject to other required permits

Near term (90d)

  • Permittee must obtain requisite state/local permits and federal agency approvals
  • PHMSA safety compliance obligations begin

Long term

  • Ongoing operation subject to presidential amendment for substantial changes
  • Potential national security taking under Article 4
  • Removal obligations upon permit termination

Risks & tensions

  • Subsidiary of Canadian company operating critical U.S. energy infrastructure raises cross-border national security considerations under Article 4
  • Article 1 allows throughput and directional flow changes without presidential approval, potentially enabling significant operational shifts without oversight
  • Article 9 disclaimer of enforceable rights may limit judicial recourse for permit violations
  • Environmental liability indemnification clause (Article 6(2)) shifts cleanup costs entirely to private entity
Other: Authorizing Bakken Pipeline Company LP To Construct, Connect, Operate, and Maintain Pipeline Facilities at Burke County, North Dakota, at the International Boundary Between the United States and Canada · Executive Orders