Enbridge to Undertake $0.2 Billion Canadian Mainline Expansion

Wed May 16, 2012 5:34pm EDT

* Reuters is not responsible for the content in this press release.

Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced an approximately $0.2
billion expansion of the Canadian portion of the Alberta Clipper pipeline
(Line 67). The current scope of the project will involve the addition of
pumping horsepower sufficient to raise the capacity of the Canadian
mainline by 120,000 barrels per day. The Canadian mainline is held in
Enbridge Pipelines Inc. which will undertake the low cost expansion with
an expected in service date of mid 2014. The expansion remains subject to
National Energy Board approval and to finalization of scope and approval
by shippers, which could lead to an upward revision of capacity and cost.

    "The Hardisty to Border mainline expansion complements Enbridge's market
access strategic initiatives," said Stephen J. Wuori, President, Liquids
Pipelines for Enbridge. "The additional capacity will support increased
throughput expected to be drawn through the mainline by the market access
initiatives. Plenty of scope still remains for further low cost expansion
to accommodate additional throughput in the latter half of the decade." 

    A map of Enbridge Inc. and Enbridge Energy Partners L.P. expansion
projects announced today is available at www.enbridge.com.

    About Enbridge Inc.

    Enbridge Inc. is a North American leader in delivering energy and one of
the Global 100 Most Sustainable Corporations. As a transporter of energy,
Enbridge operates, in Canada and the U.S., the world's longest crude oil
and liquids transportation system. The Company also has a significant and
growing involvement in natural gas gathering, transmission and midstream
businesses, and an increasing involvement in power transmission. As a
distributor of energy, Enbridge owns and operates Canada's largest
natural gas distribution company, and provides distribution services in
Ontario, Quebec, New Brunswick and New York State. As a generator of
energy, Enbridge has interests in close to 1,000 megawatts of renewable
and alternative energy generating capacity and is expanding its interests
in wind and solar energy, geothermal and hybrid fuel cells. Enbridge
employs more than 7,000 people, primarily in Canada and the U.S. and is
ranked as one of Canada's Greenest Employers, and one of the Top 100
Companies to Work for in Canada. Enbridge's common shares trade on the
Toronto and New York stock exchanges under the symbol ENB. For more
information, visit www.enbridge.com. 

Enbridge Inc.
Jennifer Varey/Graham White
(403) 508-6563 or Toll Free: (888) 992-0997

Enbridge Inc.
Jody Balko
Investment Community
(403) 231-5720

Copyright 2012, Market Wire, All rights reserved.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.