Enbridge Inc. said it has received support from shippers to proceed with a more than $6.2 billion program to expand the access refineries have to take advantage of higher levels of oil production in North Dakota and western Canada.
The effort, which includes Enbridge's previously announced construction of a new Line 6B pipeline, will boost the amount of light oil it can handle by 400,000 barrels a day, according to a news release the Calgary, Alberta-based pipeline transport company issued last week. The company said it is responding to the shifts in the crude oil supply in North America.
Enbridge subsidiaries and affiliates such as Enbridge Energy Partners LP will execute the projects. Shippers have provided support for individual projects in terms of capacity commitments or support for regulatory approval and the commercial framework of the North Dakota and mainline system projects, the company said in a news release.
The company said the $400 million Line 6B capacity expansion will be in service in early 2016 and the $500 million Line 62 twinning between Flanagan, Ill. and Griffith will be placed in service in mid-2015.
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