Enbridge could add 200K bbl/day to Mainline pipeline capacity, exec says (NYSE:ENB) - Seeking Alpha

Enbridge could add 200K bbl/day to Mainline pipeline capacity, exec says (NYSE:ENB) | Seeking Alpha

Enbridge could add 200K bbl/day to Mainline pipeline capacity, exec says

Enbridge Inc. (ENB),

ENB:CA By:

Carl Surran, SA News Editor
4 Comments kodda/iStock via Getty Images

Enbridge (NYSE: ENB) could add 200K bbl/day of capacity to its 3M bbl/day Mainline oil pipeline system after the Canadian government-owned Trans Mountain expansion project begins operations, a company executive told Reuters in an interview Tuesday.

Trans Mountain, which will compete with the Mainline, will add another 590K bbl/day of pipeline capacity to Canada's Pacific Coast when complete, but the long overdue project faces further delays because of a last-minute route deviation request in British Columbia.

Mainline is already "essentially full right now," and the longer Trans Mountain is delayed the higher the chance western Canadian export pipelines could hit capacity, Marc Weil, a senior VP in Enbridge's ( ENB) Liquids Pipelines unit, told Reuters.

Enbridge's ( ENB) Mainline is Canada's largest oil export pipeline system, carrying oil from Alberta to Wisconsin and eastward back into Canada or south toward the U.S. Gulf of Mexico.