By OGJ editors
HOUSTON, Nov. 8 -- Canadian and US pipeline regulators have signed a memorandum of understanding, effective Nov. 1, that provides for improved pipeline safety through cooperation and information sharing between the two agencies.
Canada's National Energy Board and the US Pipeline and Hazardous Materials Safety Administration (formerly the US Office of Pipeline Safety) agreed to the MOU, which outlines the terms for staff exchanges and joint training opportunities.
Increased interaction and sharing of best practices will lead to a more uniform regulatory approach for cross border pipelines, NEB said in a news release.
"The parties recognize that the conduct of their responsibilities has and will in the future require them to examine, regulate, or otherwise oversee interconnecting pipeline facilities or activities," said the MOU.
The agreement is part of the Security and Prosperity Partnership for North America, a trilateral agenda inaugurated Mar. 23 by Canada Prime Minister Paul Martin, US President George W. Bush, and Mexican President Vicente Fox. The partnership builds on the North American Free Trade Agreement.
