Enbridge (ENB) says it received regulatory approval to go ahead with its Woodland Pipeline...

|About: Enbridge Inc. (ENB)|By:, SA News Editor

Enbridge (ENB) says it received regulatory approval to go ahead with its Woodland Pipeline Extension Project. The project will involve construction of a 36-inch diameter line ranging 385 km from its Cheecham regional oil sands terminal to its mainline hub terminal at Edmonton. The project is estimated to require a $1B-$1.4B investment for an initial capacity of 400K bpd, expandable to 800K.