Enbridge, Enterprise to double Seaway oil pipeline
Todd Korol Reuters
March 27, 2012|
Orlando Sentinel
CALGARY, Alberta (Reuters) - Enbridge Inc and Enterprise Products Partners LP will more than double capacity of the Seaway Pipeline and expand another line from Illinois to ship more crude oil out of the glutted U.S. Midwest.
The companies said late on Monday they will invest more than $2 billion in expanding the U.S. pipeline network after securing sufficient customer commitments for shipping a growing surplus of crude in the U.S. Midwest to refiners along the Gulf Coast.