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Enbridge (ENB) intends to invest $1.8B in a $1.8B 111-mile pipeline to carry 570K bpd of crude...

Enbridge (ENB) intends to invest $1.8B in a $1.8B 111-mile pipeline to carry 570K bpd of crude from Edmonton to Hardisty, the two main storage hubs in Alberta. Enbridge, which will also build additional tankage and terminal facilities, plans to start construction in early 2014 and begin service in mid-2015. The line will be expandable to 800,000 bpd. (PR)
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