HomeNewsEnbridge Approves $2.7 Billion Expansion of Southern B.C. Pipeline System

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Enbridge Approves $2.7 Billion Expansion of Southern B.C. Pipeline System

11/4/2022

(Reuters) — Enbridge Inc. on Friday sanctioned an expansion of the southern segment of its British Columbia (B.C.) pipeline system, a project that would cost up to C$3.6 billion ($2.65 billion), after strong demand from crude oil producers. The company, which posted higher third-quarter earnings on Friday, separately launched an 'open season' for capacity on the northern segment of the B.C. line. Interest in the open season would determine if Enbridge launches a potential C$1.9 billion expansion of that line. Open season gives oil and gas producers the chance to bid for long-term contracts giving them priority access on a pipeline. Enbridge said the T-South expansion of its B.C. pipelin

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