Enbridge looks to increase U.S. pipeline capacity
Source: The Canadian Press
Calgary company wants U.S. approval to almost double the capacity of a pipeline to Wisconsin
Enbridge is seeking U.S. approval to pump more crude through an Alberta-to-Wisconsin pipeline — a process the company expects to be easier than the one TransCanada is facing with its Keystone XL pipeline.
"I think I'd point out that this is a little bit of a different situation," Enbridge CEO Al Monaco told analysts on a conference call Wednesday to discuss the company's first-quarter results.
The Calgary-based company won't be laying down any new pipe to boost the Alberta Clipper pipeline's capacity from 450,000 barrels per day to 800,000 barrels per day by 2015. Rather, capacity will be expanded by adding new pumping equipment to the existing line in two phases.
Read more: http://www.cbc.ca/news/business/story/2013/05/08/calgary-enbridge-agm.html
May 8, 2013 5:21 PM ET Last Updated: May 8, 2013 5:19 PM ET
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