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Enbridge to Spend $400M to Expand Alberta-to-U.S. Pipeline Capacity

(The Canadian Press)

Enbridge Inc. (TSX:ENB) and its U.S. affiliate plan to spend $600 million to expand two pipelines on either side of the Canada-U.S. border.

One $400-million project involves increasing capacity on Enbridge's Canadian mainline between Hardisty, Alta. and the border.

The other, with a pricetag of $200 million, would expand part of the Lakehead system between Neche, N.D., and Superior, Wisc.

Both projects would boost pipeline capacity by 230,000 barrels per day by increasing pumping horsepower, rather than constructing new pipe.

The two projects are expected to come into service in 2015, subject to regulatory approvals.

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