Published 18 February 2013
Enbridge and Energy Transfer Partners have signed an agreement to jointly develop certain segments of a gas pipeline into crude oil supply services to serve the eastern Gulf Coast refinery market from the Patoka hub in Illinois, US.
Parts of the pipeline will be converted to meet the growing production in both the western Canada and the Bakken play in North Dakota, US, and provide access to the eastern Gulf Coast market.
Upon completion, the about 1,126km long and 30in diameter pipeline is expected to transport 420,000 to 660,000 barrels per day (bpd) and will be the first system to supply crude oil from the US Midwest to the eastern Gulf Coast.
Enbridge president and chief executive Al Monaco said together with the firm's western Gulf Coast Access program, which includes the expanded Seaway Pipeline, the new project will provide western Canadian and Bakken producers with access to the largest refining center in the world with about nine million bpd of crude oil processing capacity.
"Over the last two years, we have committed $15 billion of new investments that will open new markets and help to address the significant price disparities facing western Canadian and Bakken producers, and to meet the demand of North American refiners," Monaco added.
Trunkline Gas Company, a subsidiary of Energy Transfer Partners, owns the natural gas pipeline, of which certain parts will be converted to transport crude oil.
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