Friday, January 23, 2009

Enbridge says still committed to syncrude pipeline to Gulf Coast

HOUSTON - Enbridge Inc. says it is still committed to pipeline projects that will bring oil to Texas, the company said on Jan. 20.
Enbridge spokeswoman Jennifer Varey told the Houston Business Journal that Calgary-based Enbridge’s joint-venture plans with BP Pipelines (North America) Inc. to construct a pipeline extension to ship tar sands oil from Illinois to BP’s Texas City refinery - possibly connecting to other area refineries and pipeline systems - is still on track for startup in 2012 with initial capacity of 250,000 b/d. Total cost of the project is between $1 billion and $2 billion.
The third portion of the Gulf Coast strategy, dubbed the Texas Access Pipeline, is also still proceeding after being delayed from 2011 to 2014, Varey said.

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